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To deprive (a mortgagor) of the right to redeem mortgaged property, as when payments have not been made.
(verb-transitive)
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To bar an equity or a right to redeem (a mortgage).
(verb-transitive)
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To exclude or rule out; bar.
(verb-transitive)
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To settle or resolve beforehand.
(verb-transitive)
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To bar an equity or a right to redeem a mortgage.
(verb-intransitive)
American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.