Definition

A situation where a person does not lose their rights or benefits, especially in a legal or financial context.

Example

The policy includes a nonforfeiture clause that protects the insured from losing their benefits.

Conversation

I just learned about something called nonforfeiture in my finance class.

Oh really? What does that mean?

It means you can't lose your benefits if you stop paying premiums.

That sounds important! I should probably know more about that.

Synonyms & Antonyms

Root Explanation

Nonforfeiture → It is formed from "non-" (meaning not) and "forfeiture" (from Latin "forisfacere", meaning to forfeit or give up). The term refers to a situation where one does not lose rights or benefits, particularly in legal or insurance contexts.

Memory Tip

Think of 'not' ('non-') losing something ('forfeiture') — that's what nonforfeiture means.

Visually Confused Words