transcription, транскрипция: [ fɔ:(r)kloʊz ]
( forecloses, foreclosing, foreclosed)
If the person or organization that lent someone money forecloses , they take possession of a property that was bought with the borrowed money, for example because regular repayments have not been made. ( BUSINESS )
The bank foreclosed on the mortgage for his previous home.
VERB : V on n , also V