Business terms and jargon explained. Your business dictionary

What is Forfeiture

This is when there is a loss for failure to perform. A penalty so to speak. This can be a right, money, property, privilege etc.

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Dongle Depression Administrative Court In situ
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Factum N213 Civil Court form Voluntold Ex dividend
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Interium Ex gratia Denar Public corporations
Payee Intellectual property Writ of Execution Cyberspace
Zero Haven JIT Adultery - Legal Negotiation
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VOIP Depreciation Eminant Domain Flexitime
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Term created / updated 2006-04-10 13:38:43

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