1a. To deprive (a mortgagor) of the right to redeem mortgaged property, as when payments have not been made. b. To bar an equity or a right to redeem (a mortgage). 2. To exclude or rule out; bar. 3. To settle or resolve beforehand.
INTRANSITIVE VERB:
To bar an equity or a right to redeem a mortgage.
ETYMOLOGY:
Middle English forclosen, to exclude from an inheritance, from Old French forclos, shut out, past participle of forclore, to exclude : fors-, outside (from Latin fors; see dhwer- in Appendix I) + clore, to close (from Latin claudere).