Legal Definition of Forfeited:  To lose the right to do something, especially because of defaulting an obligation or because of an offense | Learn about the legal definition of forfeited and how it can impact your business operations. Find out the consequences of defaulting on loan payments, violating contract terms, or committing criminal offenses. With a clear understanding of forfeited rights, you can ensure legal compliance, mitigate risks, and protect your business interests. Stay informed and seek professional advice when needed by clicking the link