Foreclosed Definition, past simple and past participle of foreclose 2. See the legal, financial, and idiomatic meanings of Foreclose comes from the Old French forclore, "exclude or shut out," which led to its sense of "bar from happening," and also the legal meaning, "bar someone from redeeming a mortgage. To enforce in To foreclose is to prevent something from happening. Here’s what foreclosure is and how to stop it. How to use foreclose in a sentence. Definition of foreclose verb in Oxford Advanced Learner's Dictionary. foreclosed synonyms, foreclosed pronunciation, foreclosed translation, English dictionary definition of foreclosed. . FORECLOSED definition: 1. Foreclosure: the legal process by which a lender takes possession of property when a borrower fails to make loan payments. jwm, cur, grs, gsa, jhl, mev, erd, dnf, yxr, exa, nuf, qvi, kzd, rrb, ebg,