nonforfeitability

[US]/[ˌnɒnˌfɔːfɪtəˈbɪlɪti]/
[UK]/[ˌnɑːnˌfɔːrfɪtəˈbɪlɪti]/

Translation

n.The quality or state of not being liable to be forfeited or lost, often regarding rights or benefits.; The characteristic of an insurance policy or pension plan guaranteeing that the policyholder retains certain value even if premiums cease.

Phrases & Collocations

nonforfeitability clause

nonforfeitability provision

nonforfeitability policy

ensuring nonforfeitability

nonforfeitability guarantee

nonforfeitability requirement

nonforfeitability condition

Example Sentences

the concept of nonforfeitability is central to modern pension plan design.

employees must understand the nonforfeitability rules regarding their 401k.

this policy ensures the nonforfeitability of accrued vacation time.

we need to verify the nonforfeitability clause in the contract.

the nonforfeitability of benefits protects workers from losing everything.

full nonforfeitability is granted after five years of continuous service.

nonforfeitability provisions vary significantly between different labor agreements.

the court upheld the nonforfeitability of the executive's stock options.

graduated vesting schedules impact the nonforfeitability of employer contributions.

she explained the legal principle of nonforfeitability to the client.

changes to nonforfeitability standards require a board vote next week.

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