fore·close 
(fôr-klōz)
(fôr-klōz)v. fore·closed, fore·clos·ing, fore·clos·es
v.tr.
1.
a. To enforce (a lien, deed of trust, or mortgage) in whatever manner is provided for by law.
b. To bring a suit to prevent a mortgagor from redeeming (a property) by paying any outstanding debt.
2. To exclude or rule out; bar.
3. To settle or resolve beforehand.
v.intr.
To enforce a lien, deed of trust, or mortgage as permitted by law: The bank foreclosed on the property.
[Middle English forclosen, to exclude from an inheritance, from Old French forclos, shut out, past participle of forclore, to exclude : fors-, outside (from Latin forīs; see dhwer- in the Appendix of Indo-European roots) + clore, to close (from Latin claudere).]
fore·closa·ble adj.