FORFEITURE

forfeiture (for-fi-ch<<schwa>>r), n.1. The divestiture of property without compensation. 2. The loss of a right, privilege, or property because of a crime, breach of obligation, or neglect of duty. • Title is instantaneously transferred to another, such as the government, a corporation, or a private person. [Cases: Controlled Substances 162; Forfeitures 1.C.J.S. RICO (Racketeer Influenced…

Read More

FOREST SERVICE

Forest Service.An agency in the U.S. Department of Agriculture responsible for managing the nation’s national forests. • The Forest Service also operates the Youth Conservation Corps and the Volunteers in the National Forest programs. [Blacks Law 8th]

Read More

FORESTRY RIGHT

forestry right.A land interest under which a person has the right to enter the land, establish and maintain a crop of trees, harvest them, and construct works for that purpose. [Cases: Logs and Logging 1. C.J.S. Logs and Logging §§ 2, 9.] [Blacks Law 8th]

Read More

FOREST LAW

forest law.Hist. The body of law protecting game and preserving timber. [Blacks Law 8th]

Read More

FORESTALLING THE MARKET

forestalling the market.Hist. 1.The taking possession of commodities on their way to the market. 2. The purchase of goods on their way to the market, with the intention of reselling them at a higher price. 3. The deterrence of having sellers offer their goods at market at a reasonable price; specif., the crime of inhibiting…

Read More

FORESTALLER

forestaller,n.1. A person who forestalls. 2.Hist. One guilty of the offense of forestalling. See FORESTALL(5). [Blacks Law 8th]

Read More

FORESTALLING THE MARKET.

“[A] growing town in England might have placed a higher value on grain than a neighboring town with a static population, yet traditional patterns of business might continue to send the same amount of grain to both towns. A forestaller would bid against the traditional buyer in the smaller town, obtain the grain, and resell…

Read More

FORESTALL

forestall (for-stawl), vb. 1. To prevent (an event, result, etc.).2.Hist. To intercept or obstruct (as a person on a royal highway).3.Hist. To prevent (a tenant) from coming on the premises. 4.Hist. To intercept (as a deer reentering a forest).5.Hist. To buy (goods) for the purpose of reselling at a higher price. • At common law,…

Read More

FOREST

forest,n. Hist. A tract of land, not necessarily wooded, reserved to the king or a grantee for hunting deer and other game. [Blacks Law 8th]

Read More