Foreclose
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To shut up or out; to preclude; to stop; to prevent; to bar; toexclude.The embargo with Spain foreclosed this trade. Carew.To foreclose a mortgager (Law), to cut him off by a judgment of courtfrom the power of redeeming the mortgaged premises, termed his equityof redemption.-- To foreclose a mortgage, (not technically correct, but often usedto signify) the obtaining a judgment for the payment of an overduemortgage, and the exposure of the mortgaged property to sale to meetthe mortgage debt. Wharton.
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During masturbation, for an uncircumcised man to roll up the foreskin immediately prior to ejaculation so that the semen is contained and can be dealt with at another location without making a mess.
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Take possession of a mortgaged property when the mortgagor fails to keep up their mortgage payments.
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(especially of banks) to take back property that was bought with borrowed money because the money was not being paid back as formally agreed:
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