forfeiture

The contract includes a clause for the forfeiture of the deposit if the buyer backs out.

(Chinese) 合同中包含一项条款，规定如果买方违约，定金将被没收。

His involvement in the illegal trade led to the forfeiture of all his business assets.

(Chinese) 他参与非法贸易导致其所有商业资产被没收。