1. something that is lost or surrendered as a penalty • Syn: forfeit • Derivationally related forms: forfeit, forfeit (for: forfeit) • Hypernyms: loss 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 • Syn: forfeit • Derivationally related forms: forfeit, forfeit (for: forfeit) • Hypernyms: penalty 3. the act of losing or surrendering something as a penalty for a mistake or fault or failure to perform etc. • Syn: forfeit, sacrifice • Derivationally related forms: sacrifice (for: sacrifice), forfeit, forfeit (for: forfeit) • Hypernyms: act, deed, human action, human activity