Please help me to find out what does the term 'on pain of forfeiture ' means?
Answer:
It means you could lose whatever "it" is.Such as a car by not making the payments.Or a downpayment if you try to back out of some financial agreement if it's in the contract.
as far as i can determine it means that if you forfeit it will cause you pain by way of expenses
Difficult to define on its own, but I would say it probably means that if you default in some way, you will lose whatever it is they are talking about.
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