Forfeit
WordNet
adjective
(1) Surrendered as a penalty
noun
(2) The act of losing or surrendering something as a penalty for a mistake or fault or failure to perform etc.
(3) 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"
(4) Something that is lost or surrendered as a penalty;
verb
(5) Lose or lose the right to by some error, offense, or crime
WiktionaryText
Verb
- To suffer the loss of something by wrongdoing or non-compliance
- He forfeited his last chance of an early release from jail by repeatedly attacking another inmate.
- To lose a contest, game, match, or other form of competition by voluntary withdrawal, by failing to attend or participate, or by violation of the rules
- Because only nine players were present, the football team was forced to forfeit the game.
Noun
- Something lost as a penalty for committing a crime, offense, or breach of contract; a thing forfeited