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.
Also, are we forfeiting the opportunity to deal with a new Justice Department in January 2001 that won't be colored by scandals itself?