FORFEITURE

Forfeiture

Forfeiture is deprivation or destruction of a right in consequence of the non-performance of some obligation or condition. It can be accidental, and therefore is distinguished from waiver; see waiver and forfeiture.

The above text is a snippet from Wikipedia: Forfeiture (law)
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forfeiture

Noun

  1. A legal action whereby a person loses all interest in the forfeit property.
  2. The loss of forfeit property.
  3. The property lost as a forfeit.
  4. Any loss occasioned by one's own actions.


The above text is a snippet from Wiktionary: forfeiture
and as such is available under the Creative Commons Attribution/Share-Alike License.

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