A thing forfeit or forfeited; what is or may be taken from one in requital of a misdeed committed; that which is lost, or the right to which is alienated, by a crime, offense, neglect of duty, or breach of contract; hence, a fine; a mulct; a penalty; as, he who murders pays the forfeit of his life.
Lost or alienated for an offense or crime; liable to penal seizure.
To lose, or lose the right to, by some error, fault, offense, or crime; to render one's self by misdeed liable to be deprived of; to alienate the right to possess, by some neglect or crime; as, to forfeit an estate by treason; to forfeit reputation by a breach of promise; -- with to before the one acquiring what is forfeited.
To be guilty of a misdeed; to be criminal; to transgress.
In the condition of being forfeited; subject to alienation.
The loss of rights, property, or assets that is caused by nonaction, incorrect action, or negligence.Property lost in this manner is referred to as a "forfeiture." In cases where the property winds up owned by an agency, it can often be purchased at significant discount as a repossessed property.
This means to lose property or rights involuntarily.
something that is lost or surrendered as a penalty;
a penalty for a fault or mistake that involves losing or giving up something; "the contract specified forfeits if the work was not completed on time"
the act of losing or surrendering something as a penalty for a mistake or fault or failure to perform etc.
a penal fine, or penalty for failure in a contractual obligation
To lose a right to something due to some failure.
" to lose an estate, a franchise, or other property belonging to one, by the act of law, and as a consequence of some misfeasance, negligence, default, or omission". Under the Mining Act a forfeiture can occur for several reasons such as: if a mining claim holder does meet annual assessment work requirements or does not meet conditions of a Recorder's order; if a lessee or licensee does not pay annual rents; or if a patentee does not pay the annual mining lands tax. Also, a lease can be forfeited, by the Lieutenant Governor under Part VII of the Act, when the Director of Mine Rehabilitation declares the project on the lease abandoned.
(1) Money or a right which a person loses upon failure to perform an agreement, obligation, or duty. (2) The act of losing money or a right as described.
the benefits that a participant loses if he or she terminates employment before becoming eligible for full retirement benefits under the plan. The difference between the total benefit and total vested benefit.
Loss of money, property, or the right to property by failure to act or by negligent or improper action. Property lost is called a forfeiture.