foreclose

verb/fɔrˈkloʊz/

Frequency rank: #19,222 most common English word

Meaning

To take legal possession of a mortgaged property when the borrower fails to make payments.

Illustration for the English word “foreclose”

Example sentence

The bank decided to foreclose on the property after the owner missed several mortgage payments.

Synonyms & related words

Practice this word in the quiz

More words in ranks 19,201–19,300