forfeiture (redirected from Asset forfeiture)

for·fei·ture  (fôrf-chr, -chr)

n.

1. The act of surrendering something as a forfeit.

2. Something that is forfeited; a penalty.

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forfeiture [ˈfɔːfɪtʃə]

n

1. something forfeited

2. the act of forfeiting or paying a penalty

Thesaurus

Noun	1.	forfeiture - something that is lost or surrendered as a penalty; forfeit loss - something that is lost; "the car was a total loss"; "loss of livestock left the rancher bankrupt"
	2.	forfeiture - a penalty for a fault or mistake that involves losing or giving up something; "the contract specified forfeits if the work was not completed on time" forfeit penalty - a payment required for not fulfilling a contract
	3.	forfeiture - the act of losing or surrendering something as a penalty for a mistake or fault or failure to perform etc. sacrifice, forfeit human action, human activity, act, deed - something that people do or cause to happen

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forfeiture

noun loss, giving up, surrender, forfeiting, confiscation, sequestration (Law), relinquishment the forfeiture of illegally obtained profits

Translations

forfeiture [ˈfɔːfɪtʃəʳ] N → pérdida f

forfeiture

n (Jur, fig) → Verlust m, → Einbuße f; (of claim) → Verwirkung f