foreclose

/หŒfษ”หหˆklษ™สŠz/

IPA: /F AO0 R K L OW1 Z/

verb
  1. 1

    To repossess a mortgaged property whose owner has failed to make the necessary payments; used with on.

    โ€œThey have to move out of their house because the bank foreclosed on their mortgage.โ€

  2. 2

    To cut off (a mortgager) by a judgment of court from the power of redeeming the mortgaged premises.

  3. 3

    To shut up or out; to prevent from doing something.

Source: https://en.wiktionary.org/wiki/foreclose