foreclose
v[I, Ipr, Tn]
~ (on sb/sth) (of a bank, etc that has lent money for a mortgage) take possession of the property of (sb), usu because repayments have not been made (指已放出抵押贷款的银行等)取得(某人)的财产(通常因未偿付贷款)
The bank foreclosed (on the mortgage). 该银行已取消(对该抵押品的)赎取权.