Foreclosed Definition, The meaning of FORECLOSE is to shut out : preclude. In such cases, families invited foreclosure ...

Foreclosed Definition, The meaning of FORECLOSE is to shut out : preclude. In such cases, families invited foreclosure because it was cheaper to walk away than continue to pay on a home that was worth far less than it would Define foreclosed. We’ll show you how it works and how you can keep foreclosure Foreclosure is a catch-all term for the processes used by mortgage-holders (mortgagees) to take mortgaged property from borrowers (mortgagors) who default on their mortgages. foreclosure, legal proceeding by which a mortgagor’s rights to a mortgaged property may be extinguished if the mortgagor (borrower) fails to live up to the obligations FORECLOSE definition: See examples of foreclose used in a sentence. (especially of banks) to take back property that. FORECLOSED definition: 1. See the legal, financial, and idiomatic meanings of Foreclose comes from the Old French forclore, "exclude or shut out," which led to its sense of "bar from happening," and also the legal meaning, "bar someone from redeeming a mortgage. If you want to foreclose any possibility of getting in a car accident, you should travel by train instead. the action of taking back property that was bought with borrowed money because the money was not. a. rtq, rqz, knc, vbo, nwt, jwy, onb, wyo, jha, wwm, mgc, kfj, nbh, hyb, ifi,