foreclosing definition
foreclose. 1  Law. to deprive (a mortgagor or pledgor) of the right to redeem his or her property, especially on failure to make payment on a mortgage when due, ownership of property then passing to the mortgagee. to take away the right to redeem (a mortgage or pledge). 2  to shut out; exclude; bar. 3  to hinder or prevent, as from doing something.