- 1. n something that is lost or surrendered as a penalty; n a penalty for a fault or mistake that involves losing or giving up something n the act of losing or surrendering something as a penalty for a mistake or fault or failure to perform etc. v lose (s.th.) or lose the right to (s.th.) by some error, offense, or crime Source: ecdict
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forfeits
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penaltysomethingfaultloselosingmistakeactcrimeerrorfailuregivinginvolveslostoffenseperformrightsurrenderedsurrendering