forfeit

forfeit
forfeit for‧feit [ˈfɔːft ǁ ˈfɔːr-] verb [transitive]
1. LAW to lose property or the legal right to something because you have broken the law:

• The company will forfeit all its assets to the federal government.

2. to lose rights, benefits etc:

• State government employees may have to forfeit vacation days or salary due to the fiscal crisis.

• He will have to persuade investors to forfeit $215 million in principal and interest payments over the next year.

* * *

Ⅰ.
forfeit UK US /ˈfɔːfɪt/ verb [T]
LAW to lose the right to have or do something because you have not obeyed a rule or law: »

Over several years, the district forfeited $51 million by failing to spend the money within the deadlines set by the government.

forfeit a claim/right (to sth/to do sth) »

She forfeited her right to benefits because she did not notify the authorities of her change in circumstances.

forfeit sth to sb/sth »

Illegally shipped cigarettes will be seized and forfeited to the state.

to agree to give away the right to have or do something: »

A culture of long hours and time forfeited in favour of money is now becoming routine.

Ⅱ.
forfeit UK US /ˈfɔːfɪt/ noun [C] LAW
something that you lose the right to have or do because you have failed to obey a rule or law: »

Schools and their employees found in violation of the policy are subject to penalties, including fines or forfeits.


Financial and business terms. 2012.

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Synonyms:
, , , , , (by some offence, by neglect, or by breach of condition),


Look at other dictionaries:

  • forfeit — for·feit 1 / fȯr fət/ n [Anglo French, from Middle French forfait, past participle of forfaire to commit a crime, from fors outside + faire to do]: something forfeited or subject to being forfeited forfeit 2 vt 1: to lose or lose the right to by …   Law dictionary

  • Forfeit — For feit, n. [OE. forfet crime, penalty, F. forfait crime (LL. forefactum, forifactum), prop. p. p. of forfaire to forfeit, transgress, fr. LL. forifacere, prop., to act beyond; L. foris out of doors, abroad, beyond + facere to do. See {Foreign} …   The Collaborative International Dictionary of English

  • Forfeit — For feit, a. [F. forfait, p. p. of forfaire. See {Forfeit}, n.] Lost or alienated for an offense or crime; liable to penal seizure. [1913 Webster] Thy wealth being forfeit to the state. Shak. [1913 Webster] To tread the forfeit paradise. Emerson …   The Collaborative International Dictionary of English

  • Forfeit — For feit, v. t. [imp. & p. p. {Forfeited}; p. pr. & vb. n. {Forfeiting}.] [OE. forfeten. See {Forfeit}, n.] To lose, or lose the right to, by some error, fault, offense, or crime; to render one s self by misdeed liable to be deprived of; to… …   The Collaborative International Dictionary of English

  • forfeit — [fôr′fit] n. [ME forfet < OFr forfait, pp. of forfaire, to transgress < ML forisfacere, to do wrong, lit., to do beyond < L foris, foras, out of doors, beyond (see FOREIGN) + facere (see FACT)] 1. something that one loses or has to give… …   English World dictionary

  • Forfeit — For feit, v. i. 1. To be guilty of a misdeed; to be criminal; to transgress. [Obs.] [1913 Webster] 2. To fail to keep an obligation. [Obs.] [1913 Webster] I will have the heart of him if he forfeit. Shak. [1913 Webster] …   The Collaborative International Dictionary of English

  • forfeit — [n] something given as sacrifice cost, damages, fine, loss, mulct, penalty, relinquishment; concept 123 Ant. gain, victory, win forfeit [v] give up something in sacrifice abandon, be deprived of, be stripped of, drop, give over, lose, relinquish …   New thesaurus

  • forfeit — ► VERB (forfeited, forfeiting) 1) lose or be deprived of (property or a right or privilege) as a penalty for wrongdoing. 2) lose or give up as a necessary consequence. ► NOUN 1) a fine or penalty for wrongdoing. 2) Law a forfeited right,… …   English terms dictionary

  • Forfeit — For feit, p. p. or a. In the condition of being forfeited; subject to alienation. Shak. [1913 Webster] Once more I will renew His laps[ e]d powers, though forfeite. Milton. [1913 Webster] …   The Collaborative International Dictionary of English

  • Forfeit — (engl., spr. fohrfĭt), im Sport, s. Reugeld …   Kleines Konversations-Lexikon

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