Meaning of FORFEITURE
| Pronunciation: | | 'forfichur
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 WordNet Dictionary |
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- [n] the act of losing or surrendering something as a penalty for a mistake or fault or failure to perform etc.
- [n] 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"
- [n] something that is lost or surrendered as a penalty;
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| | Synonyms: | | forfeit, forfeit, sacrifice |
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| | See Also: | | act, human action, human activity, loss, penalty | |
| Webster's 1913 Dictionary |
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| | Definition: | | \For"fei*ture\ (?; 135), n. [F. forfeiture, LL.
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.
--Hakluyt.
2. That which is forfeited; a penalty; a fine or mulct.
What should I gain By the exaction of the
forfeiture? --Shak.
Syn: Fine; mulct; amercement; penalty.
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| Legal Dictionary |
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| | Definition: | | A cancellation. A legal action whereby a contract purchaser following default loses all his interest in the property. |
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| Thesaurus Terms |
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| | Related Terms: | | amercement, bereavement, cost, damage, damages, dead loss, debit, denial, denudation, deprivation, despoilment, destruction, detriment, dispossession, distraint, distress, divestment, escheat, escheatment, expense, fine, forfeit, injury, loser, losing, losing streak, loss, mulct, perdition, privation, robbery, ruin, sacrifice, sconce, spoliation, stripping, taking away, total loss |
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