What does forfeiture mean?

Forfeiture is the loss of any property without compensation as a result of defaulting on contractual obligations, or as a penalty for illegal conduct. When mandated by law, as a punishment for illegal activity or prohibited activities, forfeiture proceedings may be either criminal or civil.

What is the root word of forfeiture?

late 14c., forfet, “misdeed, offense against established authority,” also “something to which the right is lost through a misdeed,” from Old French forfet, forfait “crime, punishable offense” (12c.), originally past participle of forfaire “transgress,” from for- “outside, beyond” (from Latin foris; see foreign) + faire …

What does forfeit payment mean?

n. 1 something lost or given up as a penalty for a fault, mistake, etc. 2 the act of losing or surrendering something in this manner.

What does the word forfeit mean in the Bible?

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 alienate the right to possess, by some neglect or crime; as, to forfeit an estate by treason; to forfeit reputation by a breach of promise; — with to before the one acquiring what is …

What is another word for forfeited?

OTHER WORDS FOR forfeit 7 surrender, yield, relinquish, forgo, waive.

What is meant by diminution?

Definition of diminution : the act, process, or an instance of becoming gradually less (as in size or importance) : the act, process, or an instance of diminishing : decrease a diminution in value.

What is forfeit in unemployment?

A forfeit day (or days) are days in the future for which you cannot receive Unemployment Insurance benefits. For example, if you have five forfeit days, you would receive no benefits the first week, and you would have a 25% reduction in your benefits the following week.

Does forfeit mean give up?

Forfeit means to lose or give up something, usually as a penalty. An adjective, noun, and verb all rolled into one, forfeit came into existence around 1300 meaning “to lose by misconduct.” To forfeit is to lose or give up something as punishment for making an error.

What is the antonym of forfeit?

Antonyms & Near Antonyms for forfeit. keep, retain, withhold.