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forfeiture

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Forfeiture is the act of giving up something as payment, or a penalty.

(noun)

The act of a state seizing a farm for growing marijuana is an example of forfeiture.

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See forfeiture in Webster's New World College Dictionary

noun

the act of forfeiting
anything forfeited; penalty or fine

See forfeiture in American Heritage Dictionary 4

noun

The act of surrendering something as a forfeit.
Something that is forfeited; a penalty.

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forfeiture business definition

forfeiture investment & finance

forfeiture legal definition

forfeiture in a sentence

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civil forfeiture

fraudulent conveyance

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