forfeiture

  1. something that is lost or surrendered as a penalty;
  2. a penalty for a fault or mistake that involves losing or giving up something
  3. the act of losing or surrendering something as a penalty for a mistake or fault or failure to perform etc.

Forfeiture

[law] Forfeiture is deprivation or destruction of a right in consequence of the non-performance of some obligation or condition. It can be accidental, and therefore is distinguished from waiver; see waiver and forfeiture. In the early 21st century, the United States Government began to seize domain names, on the legal theory that they were ...
Found on http://en.wikipedia.org/wiki/Forfeiture_(law)

forfeiture

In England, confiscation of an outlaw's property, usually divided between the crown and the criminal's lord. In cases of treason all property went to the crown, but in most cases the criminal's land...
Found on http://www.encyclo.co.uk/local/20688

Forfeiture

Is where a delinquent borrower relinquishes property rights.
Found on http://www.encyclo.co.uk/local/20965

Forfeiture

For'fei·ture noun [ French forfeiture , Late Latin forisfactura .] 1. The act of forfeiting; the loss of some right, privilege, estate, honor, office, or effects, by an offense, crime, breach of condition, or other act. « Under pain of foreiture of the said goods.&#x...
Found on http://www.encyclo.co.uk/webster/F/62

Forfeiture

The loss of rights to an asset outlined in a legal contract if a party fails to fulfill obligations of the contract.
Found on http://www.duke.edu/~charvey/Classes/wpg/bfglosf.htm

Forfeiture

• (n.) That which is forfeited; a penalty; a fine or mulct. • (n.) The act of forfeiting; the loss of some right, privilege, estate, honor, office, or effects, by an offense, crime, breach of condition, or other act.
Found on http://thinkexist.com/dictionary/meaning/forfeiture/

Forfeiture

To be divested or deprived of the ownership of something as a penalty for the commission of a crime. (2) To give up or surrender property (usually). (3) Obs. A vassal surrendering his land, or other property, to his lord, after conviction in the lord's court.
Found on http://www.lectlaw.com/def/f054.htm

Forfeiture

(n) Forfeiture is the process by which a person lose the right on his property, article or claim due to his failure to fulfill the legal obligation. Eg. Forfeiture of earnest Money Deposit, when the bidder fails to execute the agreement or accept the awarded bid.
Found on http://www.encyclo.co.uk/local/21213

Forfeiture

A failure to comply with the laws prescribing the quantity of work.
Found on http://www.legendsofamerica.com/

Forfeiture

Purchaser of promises to pay issued by importers.
Found on http://www.encyclo.co.uk/local/22402

Forfeiture

The loss of property or a privilege due to breaking a law.
Found on http://www.nolo.com/dictionary/forfeiture-term.html
No exact match found