Meaning & Definition of Forfeit in English

1. Something that is lost or surrendered as a penalty

2. 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. The act of losing or surrendering something as a penalty for a mistake or fault or failure to perform etc.

1. 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"

1. Surrendered as a penalty