forfeit
verb [ T ]
uk/ˈfɔːfɪt/ us LAW
to lose the right to have or do something because you have not obeyed a rule or law:
Over several years, the district forfeited $51 million by failing to spend the money within the deadlines set by the government.
forfeit a claim/right (to sth/to do sth) She forfeited her right to benefits because she did not notify the authorities of her change in circumstances.
forfeit sth to sb/sth Illegally shipped cigarettes will be seized and forfeited to the state.
to agree to give away the right to have or do something:
A culture of long hours and time forfeited in favour of money is now becoming routine.
forfeit
noun [ C ]
LAW uk/ˈfɔːfɪt/ ussomething that you lose the right to have or do because you have failed to obey a rule or law:
Schools and their employees found in violation of the policy are subject to penalties, including fines or forfeits.