Forfeiture

Forfeitures are only applicable to one-time offer cancelations. Configure a cancelation forfeiture to define how the purchase grant is forfeited for a one-time offer purchase.

The forfeited amount is applied to the balance originally impacted during purchase.

Note: The forfeiture pricing component is only used to define how the purchase grant is forfeited for a one time offer purchase. For any other fees associated with the forfeiture (for example, a handling fee) for a one time offer purchase, use a discount pricing component with an application type of cancel.
For more information about creating a cancelation discount price component, see the discussion about creating a cancelation discount.