forfeiture

Definitions

The loss or giving up of something as a penalty for wrongdoing or failure to fulfill an obligation.

The act of losing or surrendering property, a right, or a privilege as a consequence of a breach of contract or legal violation.

Examples

The contract included a clause stating that any breach would result in the immediate forfeiture of the deposit.

The judge ordered the forfeiture of the criminal's assets after he was found guilty of money laundering.

Synonyms

confiscation seizure loss penalty fine relinquishment deprivation

Antonyms

acquisition restitution restoration gain retention possession recovery