Forfeiture

Forfeiture,

Definition of Forfeiture:

  1. Automatic loss of ownership right (title) to personal or real property for not complying with a legal provision, or as a court ordered compensation for loss or damage to a plaintiff. Forfeiture clause in a lease gives the lessor the right to cancel the lease and reenter the property on non-payment of rent.

  2. The loss or giving up of something as a penalty for wrongdoing.

Synonyms of Forfeiture

Confiscation, Sequestration, Loss, Losing, Denial, 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

How to use Forfeiture in a sentence?

  1. The forfeiture experienced by the individual was fair as they missed their payment on the property so the bank took ownership.
  2. If I signed the contract, it would result in the forfeiture of my current contract with the team I was currently playing for.
  3. Two of the company investors were in danger of forfeiture of their rights to any part of the profits from selling the business to a competitor due to their minimal involvement in its daily operation.
  4. The court ordered the forfeiture of his computer.

Meaning of Forfeiture & Forfeiture Definition