|1.||law to deprive (a mortgagor, etc) of the right to redeem (a mortgage or pledge)|
|2.||(tr) to shut out; bar|
|3.||(tr) to prevent or hinder|
|4.||(tr) to answer or settle (an obligation, promise, etc) in advance|
|5.||(tr) to make an exclusive claim to|
|[C15: from Old French forclore, from for- out + clore to close, from Latin claudere]|
A proceeding in which the financer of a mortgage seeks to regain property because the borrower has defaulted on payments.