Forfeit


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Forfeit

To lose to another person or to the state some privilege, right, or property due to the commission of an error, an offense, or a crime, a breach of contract, or a neglect of duty; to subject property to confiscation; or to become liable for the payment of a penalty, as the result of a particular act. To lose a franchise, estate, or other property, as provided by the applicable law, due to Negligence, misfeasance, or omission.

This nonconsensual deprivation transfers the property to another person or restores it to the original grantor.

forfeit

v. to lose property or rights involuntary as a penalty for violation of law. Example: the government can take automobiles or houses which are used for illegal drug trafficking or manufacture. A drug pusher may forfeit his/her car (property) if caught carrying drugs in it and found guilty. A parent may have to forfeit his/her house if his/her daughter is selling drugs from the house, even though the parent had nothing to do with and no knowledge of the drugs. One may have to forfeit one's driver's license or lose driving privileges due to multiple traffic violations or drunk driving. (See: forfeiture)

References in periodicals archive ?
If the two parties agree that the earnest money shall be forfeited in the event of reneging, each of them shall have the right to renege, and if the person who has paid the money reneges he shall lose it, and if the person receiving it reneges, he shall pay over double that amount.
The one game that beat the weather was forfeited by Shakespeares who could only manage a team of five.
Umpires Darrell Hair and Billy Doctrove ruled Pakistan had forfeited the fourth test at the Oval, as the visitors had refused to come out after tea on the fourth day in protest at being docked five runs for alleged ball tampering.
"The locker room attendant has given us some cricket pads, a helmet and a bat so it's kind of Ashes themed." And while skilful Murray is happy to handicap himself, he says if the forfeits get too nasty he has to focus.
Employees who leave a company frequently forfeit their options before the vesting term is complete.
Only approximately 1% failed to deliver a mortgage loan and forfeited the fee's refundable portion.
But Judge Coates ruled that Kalsi should forfeit pounds 25,000.
Said in a more genteel manner: In our highly competitive marketplace, direct writers must be sensitive to producers lest they forfeit good business.
They tell the Bronx Bombers that they will forfeit the game unless they get compensation for schlepping to the House That Ruth Built.
Section 981 (a)( 1 )(B) authorizes the United States to seize and forfeit assets within its borders that represent the proceeds of drug-related felonies committed abroad even where there has not been a violation of domestic law.
If the New York broker makes this type of referral arrangement and it is not permitted by the foreign state, the New York broker may forfeit his referral commission.
A Jewish school basketball team in Virginia opted to forfeit a game last week rather than remove their kippot (yarmulkes).