Meaning FORFEITURE
What does FORFEITURE mean? Here you find 31 meanings of the word FORFEITURE. You can also add a definition of FORFEITURE yourself

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FORFEITURE


n. loss of property due to a violation of law.
Source: dictionary.law.com

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FORFEITURE


The loss of rights to an asset outlined in a legal contract if a party fails to fulfill obligations of the contract.
Source: nasdaq.com

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FORFEITURE


mid-14c., "loss of property as punishment for a crime, debt, etc.," from Old French forfaiture "crime, transgression; penalty for committing a crime" (12c.), from forfait (see forf [..]
Source: etymonline.com

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FORFEITURE


The loss of the right of something because of failure to meet the terms of an agreement.
Source: atlasvanlines.com

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FORFEITURE


The loss of property or a privilege due to breaking a law.
Source: nolo.com

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FORFEITURE


The loss of property or money due to the failure to meet the obligations of a mortgage or loan secured by that property.
Source: golfandhome.co

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FORFEITURE


To forfeit something generally in the law means to lose the right to money or property based on the breach of a legal obligation. In the administration of bail and the pretrial process, forfeiture ref [..]
Source: pretrial.org

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FORFEITURE


Definition A loss of money, property, or privileges due to a breach of legal obligation, which serves as compensation for resulting losses.
Source: investorwords.com

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FORFEITURE


The loss or surrender of money, property, a right or privilege due to failure to perform.
Source: erieri.com

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FORFEITURE


1 : the loss of a right, money, or esp. property because of one's criminal act, default, or failure or neglect to perform a duty compare waiver 2 : something (as money or property) that is forfei [..]
Source: dictionary.findlaw.com

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FORFEITURE


The right of a feudal lord to recover a fief when a vassal fails to honor his obligations under the feudal contract.    (MEDIEV-L. Medieval Terms)
Source: netserf.org

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FORFEITURE


Forfeiture is a penalty that results in the loss of an asset, such as when a homeowner who doesn't make the required mortgage payments is forced to give up ownership of the mortgaged property.   [..]
Source: mortgageloan.com

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FORFEITURE


Forfeiture occurs when a person gives up money, property, or privileges to compensate for losses resulting from a breach of a legal obligation. In criminal law, it may also refer to the government sei [..]
Source: definitions.uslegal.com

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FORFEITURE


(n) the act of losing or surrendering something as a penalty for a mistake or fault or failure to perform etc.(n) something that is lost or surrendered as a penalty(n) a penalty for a fault or mistake [..]
Source: beedictionary.com

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FORFEITURE


The loss of property or money due to the failure to meet the obligations of a mortgage or loan secured by that property.
Source: nauticalwavesrealty.com

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FORFEITURE


A deprivation or destruction of a property right in consequence of the nonperformance of some obligation or condition.
Source: courts.state.va.us

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FORFEITURE


The loss of money or property or rights to property by failing to perform a condition or obligation required by the law or court without compensation to the owner.  
Source: courts.state.md.us

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FORFEITURE


The permanent loss of private property or assets as a result of legal action by a government authority. Generally, the owner of the property has failed to comply with the law or the property is linked [..]
Source: acams.org

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FORFEITURE


A loss of money or privileges due to a breach of contract, which serves as compensation for resulting losses.
Source: lia.org.sg

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FORFEITURE


The concept of forfeiture is used in a variety of settings in the legal system. For example, property such as an automobile or house that is used in the commission of a crime i.e., selling a controlle [..]
Source: utcourts.gov

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FORFEITURE


Real or personal property to which the right is lost due to the commission of a crime or by way of an assessed penalty. A forfeiture may be either administrative or judicial.
Source: 1888drugcrimes.com

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FORFEITURE


See "Bond Forfeiture".
Source: knoxcounty.org

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FORFEITURE


The loss of money or property or rights to property by failing to perform a condition or obligation required by the law or court without compensation to the owner.  
Source: mdcourts.gov

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FORFEITURE


The loss of lands and goods to the State as the consequence of a crime.
Source: gov.propertyinfo.com

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FORFEITURE


n. loss of property due to a violation of law.
Source: advocatekhoj.com

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FORFEITURE


Describes the act of the State taking back an interest in Crown land, due to the interest holder's failure to comply with a condition.
Source: www0.landgate.wa.gov.au

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FORFEITURE


(legal) A legal action whereby a person loses all interest in the forfeit property. (legal) The loss of forfeit property. (legal) The property lost as a forfeit. Any loss occasioned by one's o [..]
Source: en.wiktionary.org

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FORFEITURE


A loss of money, property, or privileges due to a breach of legal obligation, which serves as compensation for resulting losses.
Source: pmea.ca

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FORFEITURE


The loss of money, property, rights, or privileges due to a breach of legal obligation.
Source: txlandgroup.com

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FORFEITURE


The right of a landlord to re-enter the land subject to a lease following a breach of covenant by the tenant (6.4.1(c) and 6.4.2(a)). Freehold
Source: he.palgrave.com

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FORFEITURE


The loss of rights to an asset outlined in a legal contract if a party fails to fulfill obligations of the contract.
Source: people.duke.edu





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