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 ?
Forfeiter (second left) rounds the final bend at Southwell before winning a maiden in December.
Quote of the day ``Peter Easterby used to say, `never worry about losing one, just go and fill up with yearlings'`` - trainer David Barron's son Tim after Forfeiter went for pounds 18,000 from the claimer
Philip Makin, one of the success stories among the apprentices this season, reduced his claim to 3lb following a double on Forfeiter and Bundaberg.
Knock Bridge, Game Lad, Forfeiter and Leslingtaylor, first, second, third and fifth respectively at Catterick last time, meet again.
Given a fine ride by Fergal Lynch, who dictated a modest gallop, she ran on in good style to beat the well-backed Forfeiter by a length.
He had no worries at all, and after quickening clear, won eased down by two lengths from the running-on Forfeiter.
and Laiki Factors & Forfeiters -- was dubbed "Project Leopard" and had been jointly undertaken by the EY tax and advisory firms of Greece and Cyprus.
The two other units are CPB Asset Management AEDAK and Laiki Factors and Forfeiters S.A., Laiki, which went out of business in March 2013, it said in an advertisement scheduled for Tuesday in the Cypriot press.