/fɔːˈkləʊz/ – verb
Definition: 1. tước quyền sử dụng;
2. tước quyền chuộc lại tài sản đã cầm cố;
3. ngăn cản, loại ra;
4. giải quyết trước (vấn đề).
A more thorough explanation: Foreclose is a legal term that refers to the process by which a lender takes possession of a property from a borrower who has failed to meet their mortgage obligations. This typically occurs when the borrower is in default on the loan, and the lender exercises their right to seize the property in order to recover the outstanding debt.
Example: The bank may foreclose on the property if the borrower fails to make the mortgage payments.