forfeiture meaning and definition

FORFEITURE noun

Definition of forfeiture (noun)

1. something that is lost or surrendered as a penalty;
   • synonyms: forfeit
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"
   • synonyms: forfeit
3. the act of losing or surrendering something as a penalty for a mistake or fault or failure to perform etc.
   • synonyms: forfeit, sacrifice