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nounthe act of losing or surrendering something as a penalty for a mistake or fault or failure to perform etc.
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adjectivesurrendered as a penalty
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nounsomething that is lost or surrendered as a penalty
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"the contract specified forfeits if the work was not completed on time"nouna penalty for a fault or mistake that involves losing or giving up something
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"you've forfeited your right to name your successor" "forfeited property"verblose (s.th.) or lose the right to (s.th.) by some error, offense, or crime
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Definition that contains forfeit
- bond (criminal law) money that must be forfeited by the bondsman if an accused person fails to appear in court for trial
- option the right to buy or sell property at an agreed price; the right is purchased and if it is not exercised by a stated date the money is forfeited
- bail (criminal law) money that must be forfeited by the bondsman if an accused person fails to appear in court for trial
- rico law intended to eradicate organized crime by establishing strong sanctions and forfeiture provisions
- condemnation (law) the act of condemning (as land forfeited for public use) or judging to be unfit for use (as a food product or an unsafe building)
- recognizance (law) a security entered into before a court with a condition to perform some act required by law; on failure to perform that act a sum is forfeited
- recognisance (law) a security entered into before a court with a condition to perform some act required by law; on failure to perform that act a sum is forfeited
- inalienable not subject to forfeiture
- defaulter a contestant who forfeits a match
- racketeer influenced and corrupt organizations act law intended to eradicate organized crime by establishing strong sanctions and forfeiture provisions