forfeit

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forfeit

1. Law something confiscated as a penalty for an offence, breach of contract, etc.
2. 
a. a game in which a player has to give up an object, perform a specified action, etc., if he commits a fault
b. an object so given up
References in periodicals archive ?
'The depositors into these accounts are domestic staff of State House, Abuja, who were procured by the Dudafa Waripamo-Owei (Jonathan's Special Assistant on Domestic and Household Matters) to deposit the funds sought to be forfeited in a bid to conceal the true origin of the funds,' the EFCC said in the application filed by its lawyer, Mr Rotimi Oyedepo.
Customs Commissioner Isidro Lapena, on the other hand, said that the recent condemnation of forfeited goods "will continue to address the rumors that some of these were being sold by some customs personnel."
In the same accomplishment report or 'operational highlights,' the AMLC declared that as of the end of 2017, the total amount of money it has already forfeited or frozen reached P8.165 billion, an increase of P901.816 million from P7.263 billion as of the end of 2016.
All in all, the total amount forfeited or frozen by the AMLC since 2001 reached P8.165 billion as of December 2017, or P901.82-million (12.41 percent) more than the P7.263-billion total as of December 2016.
The guarantee of all candidates except PTI and PML-N candidate has been forfeited in by elections in NA-120.
The government argued that its claim to the forfeited assets had priority over the lender's.
The Respondent argued that it had been agreed that the initial sum paid was a deposit, and that by reneging on the deal this had been forfeited by the Claimant, pursuant to Article 148 of the UAE Civil Code:
In other cases, an estimated PS18,000 seized from Anthony Tierney, of Felsted Drive, Aintree, was forfeited, while Paul Dillon, of The Old Quarry, Woolton, forfeited a total of PS9,544.
SUMMARIES: LV County Championship - Div One Edgbaston Surrey 400-5 dec & Second Innings Forfeited v Warwicks 120-0 dec & 281-4 Warwicks win by 6 wkts Headingley Carnegie Yorks 210 & 194 v Midds 128 & 196 Yorks win by 80 runs Div Two Chelmsford Glam 322 & 181-2 v Essex 424-6 dec match drawn Bristol Lancs 310-8 dec & 195-2 v Gloucs 209 match drawn Grace Road Hants 364-2 dec & Second Innings Forfeited v Leics First Innings Forfeited & 184 Hants win by 180 runs Northampton Kent 418 v Northants 431-5 match drawn TODAY: Yorkshire Bank 40 - Final Lord's: Glam v Notts (11.30)
Currently, the Secretary of State's Office holds over $66.2 million worth of property forfeited to the state for non-payment of ad valorem taxes.
The FTB recently addressed the penalty ($2,000 per tax year) that the FTB can assess suspended or forfeited corporations doing business in California.