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Hasil cari dari kata atau frase: To foreclose a mortgager (0.00940 detik)
Found 1 items, similar to To foreclose a mortgager.
English → English (gcide)
Definition: 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.]
To shut up or out; to preclude; to stop; to prevent; to bar;
to exclude.
[1913 Webster]
The embargo with Spain foreclosed this trade. --Carew.
[1913 Webster]
To foreclose a mortgager (Law), to cut him off by a
judgment of court from the power of redeeming the
mortgaged premises, termed his equity of redemption.
To foreclose a mortgage, (not technically correct, but
often used to signify) the obtaining a judgment for the
payment of an overdue mortgage, and the exposure of the
mortgaged property to sale to meet the mortgage debt.
--Wharton.
[1913 Webster]
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