forfeiture

noun
for·​fei·​ture | \ ˈfȯr-fə-ˌchu̇r How to pronounce forfeiture (audio) , -chər, -ˌt(y)u̇r\

Definition of forfeiture

1 : the act of forfeiting : the loss of property or money because of a breach of a legal obligation assets subject to forfeiture
2 : something (such as money or property) that is forfeited : penalty

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Synonyms for forfeiture

Synonyms

damages, fine, forfeit, mulct, penalty

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Examples of forfeiture in a Sentence

the forfeiture for early withdrawal of the investment savings will be an amount equal to 10 percent of the investment

Recent Examples on the Web

The Trump administration tried to seize the vessel from Gibraltar, saying the ship and its oil were subject to U.S. forfeiture based on alleged violations of bank fraud and money laundering statutes, and other crimes. Kim Hjelmgaard, USA TODAY, "What a multi-million dollar 'bribe' for oil supertanker says about Trump’s Iran policy," 8 Sep. 2019 The indictment unsealed last week charges that the offenses occurred at his New York and Palm Beach homes, suggesting that only those properties would be subject to forfeiture. Washington Post, "How the Epstein fortune may be up for grabs," 12 July 2019 Much of Manafort’s money and property will also be subject to forfeiture, according to the agreement. Andrew Prokop, Vox, "Manafort cuts plea deal with Mueller," 14 Sep. 2018 The stunt involved a glass eye, of course, which, when discovered, led to the forfeiture of the Dutchman’s stake. Darryl Levings, kansascity, "Bob Potee was KC's courtly 19th century gambling king | The Kansas City Star," 26 Jan. 2018 Dennis Blieden, 29, of Nevada was indicted Tuesday on 11 counts of wire fraud, one count of aggravated identity theft and two counts of forfeiture. Alex Wigglesworth, latimes.com, "Former executive at influencer marketing firm StyleHaul accused of embezzling millions to play poker," 11 July 2019 The sale actually took place a couple years earlier, when one Bitcoin was worth a mere $330 or so, but Ulbricht, the operator of the Silk Road online drug market, had challenged the legality of the forfeiture and took a while to drop his claim. David Meyer, Fortune, "An 'Emergency Sale' of Bitcoins Just Earned $14 Million for German Law Enforcement," 29 May 2018 Separately, Elemetal must pay $5 million to the U.S. government to satisfy the balance of the forfeiture. Jay Weaver, miamiherald, "Gold Fine 05 26," 25 May 2018 Reimer said after the session that state law generally requires the cause of forfeiture to be job-related, based on conduct that occurred on duty or through the use of special training or equipment. George Houde, chicagotribune.com, "Former suburban cop in prison for sex assault on teen girl will keep $84K pension," 11 May 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'forfeiture.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of forfeiture

14th century, in the meaning defined at sense 1

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More Definitions for forfeiture

forfeiture

noun

English Language Learners Definition of forfeiture

law : the act of giving up something as punishment or because of a rule or law : the act of forfeiting something

forfeiture

noun
for·​fei·​ture | \ ˈfȯr-fə-ˌchu̇r How to pronounce forfeiture (audio) \

Legal Definition of forfeiture

1 : the loss of a right, money, or especially 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 forfeited as a penalty