MLchartDataset catalogue

Forfeit

Term · Law · MLC-T-LAW-002185

To lose or surrender something as a penalty for a wrongdoing, breach of contract, or failure to comply with a legal obligation. This loss can involve property, rights, or privileges. Forfeiture is often stipulated in contracts or imposed by statute as a consequence of certain actions.

Table 1. Record
IdentifierMLC-T-LAW-002185
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-002185",
  "term": "Forfeit",
  "field": "Law",
  "definition": "To lose or surrender something as a penalty for a wrongdoing, breach of contract, or failure to comply with a legal obligation. This loss can involve property, rights, or privileges. Forfeiture is often stipulated in contracts or imposed by statute as a consequence of certain actions.",
  "url": "https://mlchart.com/terminology/law/forfeit/"
}

Record 2,095 of 5,445 in Law terminology (MLC-0107). Request the full dataset.