Example sentences for: forfeiture

How can you use “forfeiture” in a sentence? Here are some example sentences to help you improve your vocabulary:

  • For monetary instruments, the revenue is recognized at the time of obtaining forfeiture judgment; for property that is sold, at the time of sale; and for property that is held for internal use or transferred to another Federal agency, at the time of obtaining approval to use the property internally or transfer it.

  • In the case of property acquired through forfeiture proceedings, the timing of recognition depends on the nature and disposition of the property.

  • With the advent of major improvements in car locks and security systems, unattended locked cars became much harder to steal, and drug-related forfeiture programs gave criminals an incentive to not be caught by police in their own cars.

  • Forfeited property may be acquired through forfeiture proceedings, be acquired to satisfy a tax liability, or consist of unclaimed and abandoned merchandise.

  • The standard also requires deferred revenue to be recognized when a forfeiture judgment is obtained, but the deferred revenue is reversed when revenue is recognized.


How many words do you know? Try our free vocabulary size test!


Search

Search for example sentences

Loading Loading...
Quantcast