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forfeiture - Meaning and Examples

Meaning of 'forfeiture' (Webster Dictionary)

1 . Forfeiture [ 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.
- That which is forfeited; a penalty; a fine or mulct.

Meaning of 'forfeiture' (Princeton's WordNet)

1 . forfeiture [ n]
Meaning (1):
- a penalty for a fault or mistake that involves losing or giving up something
Example in sentence:
  • the contract specified forfeits if the work was not completed on time

Nearby Words:

for for- fora forage foraged forager foraging foralite foramen foramina

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Related Definitions

  • Nonforfeiture law
    Nonforfeiture law is a state law requiring insurance companies to provide at least a minimum nonforfeiture value to policyholders who

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