Forfeit
/ˈfɔːrfɪt/
Definitions
- (v.) To lose or be deprived of a right or property as a penalty for wrongdoing or neglect.
The team had to forfeit the game due to using an ineligible player.
- (n.) The loss or giving up of something as a penalty.
He paid a forfeit for breaching the contract terms.
Forms
- forfeits
- forfeited
- forfeiting
Related terms
See also
Commentary
Often used in contracts to specify consequences for breach; precise conditions triggering forfeiture should be clearly defined.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.