forfeiture

/fˈɔɹfətʃɚ/ · 3 syllables

Meaning

noun

1. something that is lost or surrendered as a penalty
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”
3. the act of losing or surrendering something as a penalty for a mistake or fault or failure to perform etc.

Synonyms for forfeiture

• forfeit
• sacrifice