How Do You Spell FORFEITING?

Pronunciation: [fˈɔːfɪtɪŋ] (IPA)

Forfeiting (/ˈfɔːfɪtɪŋ/) is the correct spelling of the present participle of the verb forfeit, which means to lose or sacrifice something as a penalty for wrongdoing. The word is pronounced as "FOR-fuh-ting" in standard American English, with stress on the first syllable. The spelling of this word is quite straightforward, with the letter "e" indicating that the verb is in the present participle form. Proper spelling is important in written communication to effectively convey meaning and avoid confusion.

FORFEITING Meaning and Definition

  1. Forfeiting is a financial service or mechanism that involves the selling of medium to long-term trade receivables or financial instruments known as forfeited bills. It is a form of short-term financing or factoring that enables exporters to receive immediate cash for their export sales rather than waiting for the payment from the buyers.

    In this process, an exporter who sells goods or services on credit terms transfers their trade receivables to a forfeiting institution or a financial factor called a forfeiter. The forfeiter analyses the credit worthiness of the buyer and pays the exporter the present value of the receivables, deducting a discount and taking on the risk associated with the buyer's potential default. Instead of the exporter waiting for the buyer's payment, the forfeiting institution takes over the collection of the receivables and assumes the responsibility for any non-payment by the buyer.

    Forfeiting is often utilized in international trade transactions where there is a long payment term involved, typically over two years. It allows exporters to obtain immediate funds for working capital requirements or to reinvest in their businesses. It provides a degree of certainty and stability to exporters by mitigating the risks associated with international trade, such as political, economic, or commercial risks. Overall, forfeiting provides an effective financial solution for exporters who want to convert their account receivables into cash flow and reduces their exposure to payment defaults.

Top Common Misspellings for FORFEITING *

* The statistics data for these misspellings percentages are collected from over 15,411,110 spell check sessions on www.spellchecker.net from Jan 2010 - Jun 2012.

Other Common Misspellings for FORFEITING

Etymology of FORFEITING

The word "forfeiting" originated from the Middle English term "forfeten", which was derived from the Old English word "forfeitan". "Forfeitan" is a combination of the prefix "for-" meaning "completely" or "utterly" and "feitan" meaning "to lose possession of" or "to be deprived of property". The Old English root can be traced back to the West Germanic word "frakjanan", meaning "to pledge" or "give up", which is also related to the Old High German word "firfeitōn".

Similar spelling words for FORFEITING

Plural form of FORFEITING is FORFEITINGS

Conjugate verb Forfeiting

CONDITIONAL

I would forfeit
we would forfeit
you would forfeit
he/she/it would forfeit
they would forfeit

FUTURE

I will forfeit
we will forfeit
you will forfeit
he/she/it will forfeit
they will forfeit

FUTURE PERFECT

I will have forfeited
we will have forfeited
you will have forfeited
he/she/it will have forfeited
they will have forfeited

PAST

I forfeited
we forfeited
you forfeited
he/she/it forfeited
they forfeited

PAST PERFECT

I had forfeited
we had forfeited
you had forfeited
he/she/it had forfeited
they had forfeited

PRESENT

I forfeit
we forfeit
you forfeit
he/she/it forfeits
they forfeit

PRESENT PERFECT

I have forfeited
we have forfeited
you have forfeited
he/she/it has forfeited
they have forfeited
I am forfeiting
we are forfeiting
you are forfeiting
he/she/it is forfeiting
they are forfeiting
I was forfeiting
we were forfeiting
you were forfeiting
he/she/it was forfeiting
they were forfeiting
I will be forfeiting
we will be forfeiting
you will be forfeiting
he/she/it will be forfeiting
they will be forfeiting
I have been forfeiting
we have been forfeiting
you have been forfeiting
he/she/it has been forfeiting
they have been forfeiting
I had been forfeiting
we had been forfeiting
you had been forfeiting
he/she/it had been forfeiting
they had been forfeiting
I will have been forfeiting
we will have been forfeiting
you will have been forfeiting
he/she/it will have been forfeiting
they will have been forfeiting
I would have forfeited
we would have forfeited
you would have forfeited
he/she/it would have forfeited
they would have forfeited
I would be forfeiting
we would be forfeiting
you would be forfeiting
he/she/it would be forfeiting
they would be forfeiting
I would have been forfeiting
we would have been forfeiting
you would have been forfeiting
he/she/it would have been forfeiting
they would have been forfeiting

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