forecloses

Verb

foreclose (third-person singular simple present forecloses, present participle foreclosing, simple past and past participle foreclosed)

1. (transitive) To repossess a mortgaged property whose owner has failed to make the necessary payments; used with on.
   • They have to move out of their house because the bank foreclosed on their mortgage.
2. (transitive) To cut off (a mortgager) by a judgment of court from the power of redeeming the mortgaged premises.
3. (transitive, originally) To shut up or out; to prevent from doing something.
   • The embargo with Spain foreclosed this trade.1609, Richard Carew, The Survey of Cornwall, London: […] S[imon] S[tafford] for Iohn Iaggard, […], →OCLC

   Synonyms:

   stop, prevent, bar, exclude