forfeiture

as in penalty
a sum of money to be paid as a punishment the forfeiture for early withdrawal of the investment savings will be an amount equal to 10 percent of the investment

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Cite this Entry

“Forfeiture.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/forfeiture. Accessed 2 May. 2024.

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