verb phrase · formal
forfeit assets
UK/ˈfɔːfɪt ˈæsɛts/US/ˈfɔːrfɪt ˈæsɛts/FOR·feit AS·sets
to lose property or money because of a legal penalty, often because it was used in or obtained through crime
Examples
“The court ordered the company to forfeit assets tied to the fraud scheme.”
“Governments may forfeit assets of criminals to compensate victims.”
“Property purchased with drug money could be forfeited under asset-forfeiture laws.”
Band 8 sentence
“Following the conviction, the state moved to forfeit assets that investigators had linked to the criminal enterprise.”
Collocations
- forfeit criminal proceeds
- forfeit assets seized
Word family
Common mistakes
pay assets→forfeit assets
forfeit the money→forfeit assets
Say it for a higher band
5lose property→6seize assets→7+forfeit assets
Synonyms
seize assets
Easily confused
seize assets
“Authorities seized the assets pending further investigation.”
Related words
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In Crime & Law
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