forfeiture
noun [ C or U ]
LAW uk/ˈfɔːfɪtʃər/ usthe loss of rights, property, or money, especially because you have not obeyed a rule or law:
forfeiture of sth I had been told that my client would face 40 years in prison and a forfeiture of his assets.
forfeiture action/proceedings/suit If rent remains outstanding for 21 days after the due date, forfeiture proceedings may be brought against a tenant.
Prosecutors are also seeking forfeiture of an undisclosed amount relating to the conspiracy.