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Date: 1200-1300
Language: Old French
Origin: forclos, past participle of forclore, from fors 'outside' + clore 'to close'

foreclose

verb
     
Related topics: Loans
fore‧close [intransitive ] technical
BFL if a bank forecloses, it takes away someone's property because they have failed to pay back the money that they borrowed from the bank to buy it
foreclose on
Building societies may foreclose on a mortgage if payments are not kept up.
foreclosure noun [uncountable and countable]
housing foreclosures

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