1. (

• forfeit ,
• forfeiture ,

) something that is lost or surrendered as a penalty ;

2. (

• forfeit ,
• forfeiture

) 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" ;

3. (

• forfeit ,
• forfeiture ,
• sacrifice ,

) the act of losing or surrendering something as a penalty for a mistake or fault or failure to perform etc. ;