lose (s.th.) or lose the right to (s.th.) by some error, offense, or crime "you've forfeited your right to name your successor"; "forfeited property" forfeitgive upthrow overboardwaiveforgoforego
noun
the act of losing or surrendering something as a penalty for a mistake or fault or failure to perform etc. forfeitforfeituresacrifice
a penalty for a fault or mistake that involves losing or giving up something "the contract specified forfeits if the work was not completed on time" forfeitforfeiture
something that is lost or surrendered as a penalty; forfeitforfeiture