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What does foreclosed mean?

Looking for the meaning or definition of the word foreclosed? Here's what it means.

Verb
  1. simple past tense and past participle of foreclose
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Examples
Impaired loans include non-accrual loans and foreclosed real estate held for sale.
Meyer notes that many choices have been foreclosed, but our course is far from determined.
Of course, that might not be the case for actual homeowners who may have been improperly foreclosed on.
Indeed, the course was completed in July 2000, but the original developers defaulted on loans and lenders foreclosed before the gates ever opened.
Only disputes which expressly or inferentially arise out of the collective agreement are foreclosed to the courts.
He was not successful in doing so before part of the property was sold and the other section foreclosed by the mortgagee.

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