Forfeiting


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Related to Forfeiting: Forfaiting

Forfeiting

Method of financing international trade of capital goods.

Forfeiture

The loss of a right or property. Forfeiture usually occurs when one has neglected to fulfill one's obligations necessary to keep the right or property. For example, one may forfeit one's house if the mortgage defaults.
References in periodicals archive ?
Instead of forfeiting $84,000, Guillen will forfeit about $24,000.
Despite taking that position, Imation informed the Class Members, nonetheless, that they would have a thirty (30)-day deadline to exercise their substitute options at the risk of forfeiting them and that those substitute options that had not yet vested were, indeed, already deemed by Imation to have been forfeited.
Also, are we forfeiting the opportunity to deal with a new Justice Department in January 2001 that won't be colored by scandals itself?