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By Jon Fernquest

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[Thai Economics Library | Archives (for history)]
November 09, 2007

Forfeit, Forfeiture

forfeit (verb) - forced to give up and lose something

forfeiture (noun) - the act of taking away property from someone

forfeit money
forfeit a deposit
forfeit interest
forfeiture of income
forfeiture of property
forfeit of house
forfeit profits
asset forfeiture
forfeit a fee
forfeit stock options
forfeit rights
forfeit all civil rights
forfeit a position

ordered to forfeit
forfeit x as a penalty
forfeiture warrant
forfeiture cases
the maximum forfeiture under the law
forfeit the chance to
lose a game by forfeit


Example sentences:

* The company has been ordered to forfeit last year's profits as a penalty for breaking the law.

* The famous lawyer forfeited his high fee in order to help the poor.

* If you fail to bring back the rental car in working order, you will forfeit part of your deposit for repairs.

* If you fail to act as stipulated in the contract, you will forfeit the balance of money in the account.

* If you make an withdrawal from the account without prior notification you will forfeit several months worth of interest.

* The maximum forfeiture under the law is $10,000.

* All illegal profits will be forfeited.

* The judge asked them to forfeit their three bedroom house as a penalty for violating the law.

* If the property is not claimed within the stated interval, penalties including forfeiture and sale of the property, may result.



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