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Define forfeiture. forfeiture synonyms, forfeiture pronunciation, forfeiture translation, English dictionary definition of forfeiture. n. 1. The act of surrendering ...
Forfeiture definition: . See examples of FORFEITURE used in a sentence.
Oct 11, 2023 · Asset forfeiture is a critical legal tool that serves a number of compelling law enforcement purposes. Asset forfeiture is designed to deprive criminals of the proceeds of their crimes, to break the financial backbone of organized criminal syndicates and drug cartels, and to recover property that may be used to compensate victims and deter crime.
Sep 28, 2017 · The pious object of the forfeiture was early lost sight of, and the king might and often did cede his right to deodands within... act late 14c., "a thing done," from Latin actus "a doing; a driving, impulse, a setting in motion; a part in a play," and actum "a thing done" (originally a legal term), both from agere "to set in motion, drive, drive forward," hence "to do, perform," figuratively "incite to action;
How to pronounce FORFEITURE. How to say FORFEITURE. Listen to the audio pronunciation in the Cambridge English Dictionary. Learn more.
Forfeiture is broadly defined as the loss of property for failing to obey the law, and that property is generally lost to the state. A person may have a vested interest in property to be forfeit in two ways: In personum jurisdiction and in rem jurisdiction .
Dec 19, 2023 · Forfeiture definition and legal implications Property forfeiture is a legal process where the government seizes assets from individuals or organisations involved in criminal activities. This action is taken to disrupt criminal networks and deter future illegal activities.
