forfeiture
Definition
A loss of money, property, or privileges due to a breach of legal obligation, which serves as compensation for resulting losses.
Cite this definition
'forfeiture
' appears in the definitions of these other terms on BusinessDictionary.com
early withdrawal penalty, forfeiture clause, frozen account, articles of association, corporation act
Related Research Articles from the InvestorGuide.com University
Credit RegulationsInformation is being collected about your credit behavior and used by others to rate you. Learn what your rights are when it comes to credit laws. Understand the Fair Credit Reporting Act (FCRA), the Equal Credit Opportunity Act (ECOA), and the Fair Debt Collection Practices Act (FDCPA), and how they protect you.
Credit FraudCredit fraud is an increasingly serious problem, growing almost threefold in the past five years. Are you protected and do you know what to do if this happens to you? This article includes steps to prevent credit fraud, and how to deal with it if it does occur.
Audits and FraudLearn everything you need to know about correspondence audits, office audits, and field audits. Also describes tax shelters, and how to avoid abusive and illegal ones.
Featured Sponsor
|