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Dictionary definition for: Forfeiture

1. (n) something that is lost or surrendered as a penalty;

2. (n) 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. (n) the act of losing or surrendering something as a penalty for a mistake or fault or failure to perform etc.

WordNet 2.1 Copyright Princeton University. All rights reserved.