Forfeiting

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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 ?
Having a glut of entries and forfeits on the same day also means that race sponsors do not receive maximum exposure, and attracting sponsorship is difficult enough these days.
If Tim were to leave XYZ prematurely and forfeit his stock after making the election, the tax consequences are more severe.
Corina Elizabeth Wallace, aged 27, of Thomas Sharp Street, Canley, Coventry, possession of three wraps of crack cocaine, a controlled class A drug, and obstructing a police constable in the execution of his duties, fined pounds 40 and ordered to forfeit the drugs for destruction.
He did not do anything vicious to forfeit "civil respect.
We were both of the mind(-set) that you only had to forfeit a timeout in the first half, but we were told thatwe would have to forfeit a timeout in both halves, and that's a little scary in a game that matters that much.
failing to meet the deadline for payment, but his inclusion on the forfeit list confirms that
One notable exception is the authority to forfeit property that has been used in an interstate gambling business.
In a 1991 Hawaii case, when drug proceeds were deposited in a bank account that contained several hundred thousand dollars in "clean" funds, the entire account was declared forfeit on the theory that the "clean" funds facilitated the laundering of the tainted funds.
In the University of Illinois/Michigan State study, employees were asked to estimate the money they would forfeit from their current employee stock option holdings if they terminated their employment (the Forfeit Value).
RACING Post Chase possibles Dr Leunt andUnguided Missile were the most significant withdrawals among the 23 horsestaken out of the Martell Grand National at yesterday's forfeit stage.
To this end, the partners have agreed that Harry will forfeit his partnership interest if he fails to perform the agreed-on services through the completion of construction, unless the failure is caused by his death or disability.