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foreclose

/ˌfɔːˈkləʊz/
Meanings
  • verb

    The legal process by which a lender seizes real property after a mortgage default.

  • verb

    To take legal possession of (real property) by means of a court order because the mortgage payments have not been made.

Synonyms

bar , exclude , prevent , stop
Rhymes
Words rhyming with foreclose
closet , motte , otte , potter , totter
Variants
List of all variants of foreclose that leads to same result
foreclose , foreclosed , forecloses , foreclosing
Forms
Different forms of the word (e.g., verb conjugations, plural forms, comparative/superlative forms for adjectives).

The noun form of foreclose is the same as the verb., No other forms to mention.

Etymology
origin and the way in which meanings have changed throughout history.

From Old French forclos 'barred, excluded', from forclus 'shut off', from for 'against' + clus 'shut'.

Trivia
Any details, considerations, events or pieces of information regarding the word

  1. Foreclosure was first used in English law in the 13th century.

  2. In the United States, foreclosure rates peaked during the 2008 housing market crisis.

  3. Foreclosure can also refer to the act of discontinuing a business or organization.

Related Concepts
informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

  1. Mortgage: A loan used to buy real property or a home, secured by the property itself.

  2. Default: Failure to meet contractual obligations, such as making mortgage payments.

  3. Eviction: The legal process by which a landlord removes a tenant from a rental property.

Culture
Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

In literature, foreclosure is used metaphorically to describe the loss of an opportunity or privilege. In art, it can be represented as a symbol of loss or dispossession.

How to Memorize "foreclose"

  1. visualize

    - Imagine a courtroom scene where a judge signs an order to seize a property due to mortgage default.

  2. associate

    - Associate the word with the image of a lock being put on a door, symbolizing the loss of access.

  3. mnemonics

    - Remember the acronym F.O.R.E.C.L.O.S.E: Failure to pay, Owner loses, Property seized.

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