Words similar to forfeited
Example sentences for: forfeited
How can you use “forfeited” in a sentence? Here are some example sentences to help you improve your vocabulary:
--Property may be seized as a consequence of various laws and regulations and forfeited to the Government.
--The sale of Government assets (other than property, plant, and equipment and forfeited and foreclosed property) is an exchange transaction, because each party receives and sacrifices something of value.
CUSTODIAL AGENCY - An agency which takes possession of seized and/or forfeited property.
Although other types of forfeited property must be sold in order to recognize revenue, or constructively sold (if transferred to another Federal agency or placed into internal use), this is the last step in a process that is inherently nonexchange.
About 40 percent of all criminal defendants are released on bail , a cash deposit that is forfeited to the court if the defendant fails to appear before the judge as promised.