forfeiture
noun
for·fei·ture
ˈfȯr-fə-ˌchu̇r 
-chər,
-ˌt(y)u̇r
1
: the act of forfeiting : the loss of property or money because of a breach of a legal obligation
assets subject to forfeiture
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
In Wagner's indictment, the U.S. Attorney’s Office filed a notice seeking the forfeiture of all property connected to proceeds derived from any crimes he is convicted of.
—
Miguel Torres, The Arizona Republic, 13 Nov. 2024
The appeals court overturned that forfeiture with a split decision.
—Andrew Wimer, Forbes, 18 Oct. 2024
Tierney is asking for millions in federal asset forfeiture proceeds frozen by the Justice Department as part of an ongoing investigation into a previous district attorney.
—Aaron Katersky, ABC News, 16 Oct. 2024
Sherri Beth Esformes filed a petition in her ex-husband’s federal health care fraud case in August, asserting a 50% property interest in a slew of companies and properties that were deemed forfeitable by Philip Esformes to settle a $38.7 million forfeiture judgment in that case.
—Dan Mangan, CNBC, 15 Oct. 2024
See all Example Sentences for forfeiture 
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Miguel Torres, The Arizona Republic, 13 Nov. 2024
The appeals court overturned that forfeiture with a split decision.
—Andrew Wimer, Forbes, 18 Oct. 2024
Tierney is asking for millions in federal asset forfeiture proceeds frozen by the Justice Department as part of an ongoing investigation into a previous district attorney.
—Aaron Katersky, ABC News, 16 Oct. 2024
Sherri Beth Esformes filed a petition in her ex-husband’s federal health care fraud case in August, asserting a 50% property interest in a slew of companies and properties that were deemed forfeitable by Philip Esformes to settle a $38.7 million forfeiture judgment in that case.
—Dan Mangan, CNBC, 15 Oct. 2024
See all Example Sentences for forfeiture
Dictionary Entries Near forfeiture
Cite this Entry
“Forfeiture.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/forfeiture. Accessed 29 Nov. 2024.
Copy CitationKids Definition
forfeiture
noun
for·fei·ture
ˈfȯr-fə-ˌchu̇(ə)r
-chər
1
: the act of forfeiting
2
: something forfeited : penalty
Legal Definition
forfeiture
noun
for·fei·ture
ˈfȯr-fə-ˌchu̇r
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
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