Forfeiture

Definition:

The loss of rights to an asset outlined in a legal contract if a party fails to fulfill obligations of the contract.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Dedicated capital

Total par value (number of shares issued, multiplied by the par value of each share). Also called dedicated value.

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