forfeit money

/ˈfɔːr.fɪt ˈmʌn.i/

money lost as a penalty

The team had to forfeit money for violating the league rules.

The team lost money as punishment for breaking the rules.

Law

formal

Money that must be paid as a penalty for breaking rules or failing to meet obligations.

The company was ordered to forfeit money for environmental violations.

The company had to pay a penalty for damaging the environment.

Common in legal and financial contexts, often tied to contracts or regulations.

Business

Funds lost due to a breach of contract or failure to fulfill agreed terms.

The investor had to forfeit money when the project was canceled.

The investor lost their investment because the project was abandoned.

Often used in business deals where penalties apply for non-compliance.

Collocations

forfeit money toto pay money as a penalty to someoneforfeit money forto lose money because of a specific reason

to lose something as a penalty

In legal terms, 'forfeit money' often refers to penalties imposed by courts or regulators.

In business, 'forfeit money' typically refers to funds lost due to contract breaches.

From 'forfeit' (Old French 'forfait', meaning 'crime, misdeed') + 'money'.

Often used in legal, financial, or contractual contexts where penalties apply.

forfeit

to lose something as a penalty

root

money

currency or funds

root

English Dictionary