forfeit

/fˈɔrfɪt/

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Definitions

Adjective Satellite
surrendered as a penalty
Noun
something that is lost or surrendered as a penalty;
Noun
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"
Noun
the act of losing or surrendering something as a penalty for a mistake or fault or failure to perform etc.
Verb
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"

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