Forfeiture

A loss of Money, Property, or privileges due to a Breach of Legal obligation, which serves as compensation for resulting losses.

Related Terms: 7 ACH, Breach, Legal, Leg, Money, Obligation, Property

Other Related Pages: Category: Real_Estate Starting With: F

Additional Related Terms: Allowance for depreciation, ACH, Accrual of discount, Amortization of premium, At par, All or any part, At best, At call, Active money, At risk