to foreclose on a mortgaged property

to foreclose on a mortgaged property
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English-russian accounting dictionary. 2014.

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  • property law — Introduction       principles, policies, and rules by which disputes over property are to be resolved and by which property transactions may be structured. What distinguishes property law from other kinds of law is that property law deals with… …   Universalium

  • foreclose — fore·close /fōr klōz/ vb [Anglo French forclos, past participle of foreclore to preclude, prevent, from fors outside + clore to close] vt: to subject to foreclosure proceedings vi: to foreclose a mortgage or other security interest compare… …   Law dictionary

  • Foreclose — Fore*close , v. t. [imp. & p. p. {Foreclosed}; p. pr. & vb. n. {Foreclosing}.] [F. forclos, p. p. of forclore to exclude; OF. fors, F. hors, except, outside (fr. L. foris outside) + F. clore to close. See {Foreign}, and {Close}, v. t.] To shut up …   The Collaborative International Dictionary of English

  • foreclose — ► VERB 1) take possession of a mortgaged property as a result of defaults in mortgage payments. 2) rule out or prevent. DERIVATIVES foreclosure noun. ORIGIN originally in the sense «bar from escaping», «shut out»: from Old French forclore shut… …   English terms dictionary

  • foreclose — verb /ˌfɔrˈkloʊz/ a) to repossess a mortgaged property whose owner has failed to make the necessary payments They have to move out of their house because the bank foreclosed on their mortgage. b) to prevent from doing something …   Wiktionary

  • foreclose — verb 1》 take possession of a mortgaged property when the mortgagor fails to keep up their mortgage payments. 2》 rule out or prevent. Derivatives foreclosure noun Origin ME (orig. in the sense bar from escaping, shut out ): from OFr. forclos,… …   English new terms dictionary

  • To foreclose a mortgage — Foreclose Fore*close , v. t. [imp. & p. p. {Foreclosed}; p. pr. & vb. n. {Foreclosing}.] [F. forclos, p. p. of forclore to exclude; OF. fors, F. hors, except, outside (fr. L. foris outside) + F. clore to close. See {Foreign}, and {Close}, v. t.]… …   The Collaborative International Dictionary of English

  • To foreclose a mortgager — Foreclose Fore*close , v. t. [imp. & p. p. {Foreclosed}; p. pr. & vb. n. {Foreclosing}.] [F. forclos, p. p. of forclore to exclude; OF. fors, F. hors, except, outside (fr. L. foris outside) + F. clore to close. See {Foreign}, and {Close}, v. t.]… …   The Collaborative International Dictionary of English

  • Mortgage — A mortgage is the pledging of a property to a lender as a security for a mortgage loan. While a mortgage in itself is not a debt, it is evidence of a debt. It is a transfer of an interest in land, from the owner to the mortgage lender, on the… …   Wikipedia

  • Mortgage law — This article is about the legal mechanisms used to secure the performance of obligations, including the payment of debts, with property. For loans secured by mortgages, such as residential housing loans, and lending practices or requirements, see …   Wikipedia

  • mortgage — / mɔ:gɪdʒ/ noun money lent on the security of a house or other property owned by the borrower, usually in order to enable the borrower to buy the property ● to buy a house with a £200,000 mortgage ♦ mortgage payments money paid each month as… …   Dictionary of banking and finance


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