foreclose
verb/fɔrˈkloʊz/
Frequency rank: #19,222 of 20,003 in the WORDED list (wordfreq data)
Meaning
To take legal possession of a mortgaged property when the borrower fails to make payments.
Example sentence
The bank decided to foreclose on the property after the owner missed several mortgage payments.
Synonyms & related words
More words in ranks 19,201–19,300
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