Outrageously Funny Word Dictionary :: Forfeiture

👉 In sports or other competitive activities, a penalty is often imposed on a player who fails to meet their performance standards. This can be in the form of a foul, such as a foul shot, a penalty kick, or a penalty card. Forfeitures are penalties that result from a violation of a rule or standard in a sport or competition. They can occur for various reasons, including missed tackles, fouls, illegal contact, or any other act of misconduct by the player. In the context

forfeitures

👉 In law, "forfeiture" refers to a legal doctrine in which an individual's property is held by another party as security for payment of a debt owed to them. This means that if the other party fails to pay their share of the debt, they may be required to surrender or return the property to the original owner. Forfeit can also refer to the act of giving up (or losing) something in exchange for something else.

forfeiture