FORFEITURE Definition Meaning - Merriam-Webster The meaning of FORFEITURE is the act of forfeiting : the loss of property or money because of a breach of a legal obligation How to use forfeiture in a sentence
Asset Forfeiture Program | Types of Federal Forfeiture 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
Home | Forfeiture. gov The U S Department of Justice forfeiture home page provides access to forfeiture information
The Easy Guide To Forfeiture - The Law to Know Forfeiture is a legal mechanism designed to address situations where individuals or entities fail to uphold their obligations or engage in wrongful conduct Here’s a closer look at what forfeiture entails: Loss or Surrender: Forfeiture involves the loss or surrender of something of value
Forfeiture Overview - U. S. Department of the Treasury Forfeiture Overview Criminal forfeiture is an action brought as a part of the criminal prosecution of a defendant It is an in personam (against the person) action and requires that the government indict (charge) the property used or derived from the crime along with the defendant
Forfeiture legal definition of forfeiture - TheFreeDictionary. com Legal . . . Forfeiture is a broad term that can be used to describe any loss of property without compensation A forfeiture may be privately arranged For example, in a contractual relationship, one party may be required to forfeit specified property if the party fails to fulfill its contractual obligations
Forfeiture - The Law Dictionary Forfeiture is the result which the law attaches as an immediate and necessary consequence to the illegal acts of the individual; but confiscation implies the action of the state; and property, although it may be forfeited, cannot be said to be confiscated until the government has formally claimed or taken possession of it 5 The loss of office