forfeiture

American  

[fawr-fi-cher] / ˈfɔr fɪ tʃər /

noun

1. an act of forfeiting.

2. something that is forfeited; fine; mulct.

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forfeiture British  

/ ˈfɔːfɪtʃə /

noun

1. something forfeited

2. the act of forfeiting or paying a penalty

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Other Word Forms

• reforfeiture noun

Etymology

Origin of forfeiture

1300–50; Middle English forfeiture, forfeture < Old French. See forfeit, -ure

Example Sentences

The government has stated that the forfeitures were aimed at returning more cash to investors, many of whom haven’t gotten any money from their investments in more than 10 years.

From The Wall Street Journal

Under those terms, Gentile may not have to pay $15 million that federal prosecutors are seeking in forfeiture.

From Los Angeles Times

Others who did not respond to accept the offer said they were then threatened with forfeiture of their lease and pursued for breaches such as building loft conversions or extensions.

From BBC

In her response, Leavitt said the vessel is “currently undergoing a forfeiture process.”

From MarketWatch

In September, prosecutors distinguished from restitution the forfeiture they sought from Gentile—as well as about $12 million sought from Schneider—citing the impracticality of seeking restitution because of the thousands of victims.

From The Wall Street Journal