Part of speech: Adjective (satellite)
surrendered as a penalty
Part of speech: Noun
a penalty for a fault or mistake that involves losing or giving up something
Example: the contract specified forfeits if the work was not completed on time
Part of speech: Noun
something that is lost or surrendered as a penalty
Part of speech: Noun
the act of losing or surrendering something as a penalty for a mistake or fault or failure to perform etc.
Part of speech: Verb
lose (s.th.) or lose the right to (s.th.) by some error, offense, or crime
Example: you've forfeited your right to name your successor; forfeited property