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 addition to the prison term and the $1.5 billion forfeiture, Salame, 30, was sentenced to three years of supervised release and ordered to pay further amounts of more than $6 million in forfeiture and more than $5 million in restitution.
—
Issy Ronald, CNN, 11 Oct. 2024
The money's forfeiture appears to have been part of a deal that kept Individual X out of prison, though the terms of that deal have never been publicly disclosed.
—Andy Greenberg, WIRED, 9 Oct. 2024
Still, the government seized Lara’s money through civil forfeiture.
—Kelly Phillips Erb, Forbes, 19 Oct. 2024
Earlier this year, a U.S. court sentenced him to 90 months in prison and ordered him to pay more than $6 million in forfeiture and more than $5 million in restitution.
—Vinamrata Chaturvedi, Quartz, 10 Oct. 2024
See all Example Sentences for forfeiture 
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Issy Ronald, CNN, 11 Oct. 2024
The money's forfeiture appears to have been part of a deal that kept Individual X out of prison, though the terms of that deal have never been publicly disclosed.
—Andy Greenberg, WIRED, 9 Oct. 2024
Still, the government seized Lara’s money through civil forfeiture.
—Kelly Phillips Erb, Forbes, 19 Oct. 2024
Earlier this year, a U.S. court sentenced him to 90 months in prison and ordered him to pay more than $6 million in forfeiture and more than $5 million in restitution.
—Vinamrata Chaturvedi, Quartz, 10 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 22 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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