1. A lack of players caused the team to forfeit the game.
2. To ensure his employees get a holiday bonus, the company president will forfeit his own surplus.
3. James was told to forfeit all contact with convicted felons if he did not want to violate the terms of his parole.

What is meant by preference shares?

Preference shares, more commonly referred to as preferred stock, are shares of a company's stock with dividends that are paid out to shareholders before common stock dividends are issued. If the company enters bankruptcy, preferred stockholders are entitled to be paid from company assets before common stockholders.

What is call in arrears?

Call in Arrear

The company calls for money from shareholders when needed within a certain period. If the shareholder is not able to pay the call amount due on an allotment or on any calls according to the terms before or on the specific date fixed for payment, such amount is taken as 'call in arrears'.

What does forfeitable mean?

1. To lose or give up (something) on account of an offense, error, or failure to fulfill an agreement: The other team did not show up in time and so forfeited the game. 2. To subject to seizure as a forfeit. n.

What forfeit means?

to lose the right to do or have something because you have broken a rule: If you cancel now, you forfeit your deposit. These people have forfeited the right to live in society. Synonym. forgo formal.

How do you spell cacky?

Is forfeit past tense?

past tense of forfeit is forfeited.

What is discard?

: to throw (something) away because it is useless or unwanted. : to remove (a playing card) from your hand in a card game. discard.

What is forfeit in soccer?

In various sports, a forfeit is a method in which a match automatically ends, and the forfeiting team loses. ... One occurs when a team is unable (or refuses) to meet the basic standards for playing the game, either before the game begins or as a result of actions that happen during the match.

What is it called when you give up?

In this page you can discover 45 synonyms, antonyms, idiomatic expressions, and related words for give up, like: quit, surrender, renounce, lose courage, abandon, lose-heart, cease, cede, hand over, yield and relinquish.

What is forfeit in Romeo and Juliet?

Romeo & Juliet Act 1. forfeit. something that is lost or surrendered as a penalty. "Your lives shall pay the forfeit of the peace.

What is non forfeitable?

(19) The term “nonforfeitable” when used with respect to a pension benefit or right means a claim obtained by a participant or his beneficiary to that part of an immediate or deferred benefit under a pension plan which arises from the participant's service, which is unconditional, and which is legally enforceable ...

Is a forfeit a loss?

Forfeit means to lose or give up something, usually as a penalty. ... An adjective, noun, and verb all rolled into one, forfeit came into existence around 1300 meaning “to lose by misconduct.” To forfeit is to lose or give up something as punishment for making an error. A forfeit is what is lost.

Is forfeit another word for sacrifice?

In this page you can discover 36 synonyms, antonyms, idiomatic expressions, and related words for forfeit, like: give over, amercement, forfeited, sacrifice, give up, relinquish, confiscatory, surrender, abandon, waive and fine.

Is reserve a capital?

Reserve Capital is defined as a part of subscribed uncalled capital, which will not be called up until and unless the company goes into liquidation. In other words, it is the portion of share capital that is reserved by the company and which will be utilized only on the happening of the said event.

What do you mean by called up capital?

The amount of share capital shareholders owe, but have not paid, is referred to as called-up capital. Any amount of money that has already been paid by investors in exchange for shares of stock is paid-up capital.

What is uncalled capital?

Meaning of uncalled capital in English

capital that a company has in the form of shares that have not been completely paid for by shareholders: The top 10 managers in private equity have $197 billion in uncalled capital available to them.

Why do we call them preference shares?

Preference shares, also called preferred stock, are so-named because preferred shareholders have a higher claim on the issuing company's assets than common shareholders. ... In exchange, preferred shareholders give up the voting rights that benefit common shareholders.

What are preference shares UK?

Preference shares are sometimes known as 'preferred stock. ' They are a special class of share offering distinct advantages to those purchasing. A significant benefit of holding preference shares in a company is that shareholders are paid a dividend in priority to holders of 'ordinary' shares.