1. the loss of property, money, or rights as a penalty for wrongdoing or failure to fulfill an obligation
Usage: legal
2. the act of giving up or surrendering something as a penalty

Examples

• The criminal faced forfeiture of all assets obtained through illegal activities.
• Failure to pay taxes can result in forfeiture of property.
• The contract specified forfeiture of the deposit if the buyer withdrew.
• Asset forfeiture laws allow authorities to seize property used in crimes.
• The team’s forfeiture of the game disappointed their fans.
• Civil forfeiture proceedings began after the drug bust.
• The forfeiture clause in the lease was clearly explained to tenants.