9 TermsHome > Terms > English, UK (UE) > Forfeiture
Forfeiture
The loss of property or money due to the failure to meet the obligations of a mortgage or loan secured by that property.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Real estate
- Category: General
- Company: Coldwell Banker
- Product:
- Acronym-Abbreviation:
Other Languages:
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