Definition of Foreclase
Fore*close" (?), v. t. [imp. &
p. p. Foreclosed (?); p. pr. & vb.
n. Foreclosing (?).] [F. forclos, p. p. of
forclore to exclude; OF. fors, F. hors, except,
outside (fr. L. foris outside) + F. clore to close. See
Foreign, and Close, v. t.] To
shut up or out; to preclude; to stop; to prevent; to bar; to
exclude.
The embargo with Spain foreclosed this
trade. Carew.
To foreclose a mortgager (Law), to
cut him off by a judgment of court from the power of redeeming the
mortgaged premises, termed his equity of redemption. --
To foreclose a mortgage, (not technically
correct, but often used to signify) the obtaining a judgment for the
payment of an overdue mortgage, and the exposure of the mortgaged
property to sale to meet the mortgage debt. Wharton.
- Webster's Unabridged Dictionary (1913)
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The correct Spelling of this word is: Foreclose
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