forfeit
verb
[ ˈfɔːfɪt ]
• lose or be deprived of (property or a right or privilege) as a penalty for wrongdoing.
• "those unable to meet their taxes were liable to forfeit their estates"
forfeit
noun
• a fine or penalty for wrongdoing.
• "the loser must pay a forfeit"
Similar:
penalty,
financial penalty,
fine,
fee,
charge,
sanction,
punitive action,
penance,
damages,
confiscation,
loss,
relinquishment,
forfeiture,
sequestration,
amercement,
mulct,
forfeit
adjective
• lost or surrendered as a penalty for wrongdoing.
• "his possessions were declared forfeit"
Origin:
Middle English (originally denoting a crime or transgression, hence a fine): from Old French forfet, forfait, past participle of forfaire ‘transgress’, from for- ‘out’ (from Latin foris ‘outside’) + faire ‘do’ (from Latin facere ).