Unforfeitable

Describing something that cannot be taken away, seized, or lost, typically due to legal, contractual, or inherent limitations. This applies to rights, privileges, property, or assets. An unforfeitable right implies absolute security in possession or enjoyment, immune to revocation or divestment under any circumstance defined. This often indicates a strong guarantee or protection, reflecting a high degree of stability and permanence in the ownership or entitlement of something. The characteristic of being unforfeitable protects an asset, right, or benefit from potential loss or penalty.

Unforfeitable meaning with examples

• The Constitution guarantees certain unforfeitable rights, such as freedom of speech and religion, which cannot be legitimately stripped away by the government. These rights remain protected even in times of national crisis. Citizens are secure in their abilities to voice their opinions.
• The terms of the trust established an unforfeitable interest in the property for the beneficiaries, meaning they would continue to receive the benefits regardless of any challenges to the trust's existence. It ensured the assets remained safe and distributed as planned.
• A non-contributory pension plan can be designed with unforfeitable benefits after a certain vesting period. The worker is guaranteed the ability to receive pension payments. Workers have peace of mind knowing their financial future is secure after a lifetime of labor.
• In some financial instruments, such as certain types of bonds, the principal is considered unforfeitable even if the issuer encounters financial difficulties, providing investors with a higher degree of security. Investors will always be made whole with their principle investment.
• The contract stipulated that the company's stock options granted to the executive were unforfeitable, which provided a powerful incentive for long-term commitment to the company. This protected the executive regardless of company performance.