Noun
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the act of losing or surrendering something as a penalty for a mistake or fault or failure to perform etc.
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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"
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something that is lost or surrendered as a penalty
Verb
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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"
- give up - throw overboard
Adjective
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surrendered as a penalty