Foreclose.

To put an end to. A legal term, meaning to close before the time specified; e.g. suppose I held the mortgage of a man called A, and A fails to fulfil his part of the agreement, I can insist upon the mortgage being cancelled, foreclosing thus our agreement.

“The embargo with Spain foreclosed this trade.”—Carew.

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Entry taken from Dictionary of Phrase and Fable, edited by the Rev. E. Cobham Brewer, LL.D. and revised in 1895.