foreclose Meaning in the Cambridge English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of “foreclose” in the English Dictionary

"foreclose" in British English

See all translations

forecloseverb

uk   /fɔːˈkləʊz/  us   /fɔːrˈkloʊz/

foreclose verb (TAKE POSSESSION)

[I or T] specialized finance & economics, law (​especially of ​banks) to take back ​property that was ​bought with ​borrowedmoney because the ​money was not being ​paid back as ​formallyagreed: The ​bank is ​threatening to foreclose on the family's ​house.

foreclose verb (PREVENT)

[T] formal to ​prevent something from being ​considered as a ​possibility in the ​future: The leader's ​aggressivestanceseems to have foreclosed any ​chance of ​diplomaticcompromise.
foreclosure
noun [U] uk   /-ˈkləʊ.ʒər/  us   /-ˈkloʊ.ʒɚ/ specialized
(Definition of foreclose from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"foreclose" in American English

See all translations

forecloseverb [I]

 us   /fɔrˈkloʊz, foʊr-/
(esp. of ​banks) to take ​control of the ​property of owners because they did not ​pay back the bank’s ​moneyborrowed to ​pay for it
(Definition of foreclose from the Cambridge Academic Content Dictionary © Cambridge University Press)

"foreclose" in Business English

See all translations

forecloseverb

uk   /fɔːˈkləʊz/  us   /fɔːrˈkloʊz/
[I or T] FINANCE, PROPERTY if a ​company, especially a ​bank, forecloses, it ​takes back ​property that was ​bought with ​borrowedmoney because the ​money was not being ​paid back as ​agreed: Without written ​proof of ​defaults on ​payments, the ​bank has no ​right to foreclose.foreclose on a home/loan/property The ​buildingsociety will foreclose on a ​loan if the ​payment is four to five months late.
[T] to prevent something from being considered as a possibility in the future: foreclose competition/a market/options There was ​evidence of ​suspectedmarket sharing ​agreementsaimed at foreclosing ​competition and preventing ​access to the ​market.be foreclosed from (doing) sth EC ​operators are foreclosed from ​bidding in Massachusetts on non-trade ​grounds.
(Definition of foreclose from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of foreclose?
Add Cambridge dictionaries to your browser to your website
Word of the Day

chestnut

a large tree with leaves divided into five parts and large round nuts that can be eaten

Word of the Day

In London but at the station: prepositions for talking about travel
In London but at the station: prepositions for talking about travel
by Liz Walter,
September 02, 2015
Several readers have asked for information on prepositions, so I will start with a blog post that looks at an area where they are really important: travel. The first thing to remember is that we use to (and not ‘in’) after the verb go: We are going to London. I went to

Read More 

parklet noun
parklet noun
August 31, 2015
a public outdoor space that may be associated with a local business but where anyone can sit Pop-up cafes in NY are what’s actually called parklets in many other places around the country.

Read More