forfeit /förˈfit/

1. Something to which a right is lost
2. A penalty for a crime, or breach of some condition
3. A fine
4. (esp in pl) a game in which a player surrenders some item (a forfeit) which can be redeemed only by performing a task, or fulfilling a challenge, set by the others
5. A penalty incurred in such a game

Forfeited

1. To lose the right to (something) by some fault or crime
2. To confiscate (archaic)
3. To penalize by forfeiting
4. Loosely, to give up voluntarily

—Also (obs) forfault by association with fault

forˈfeitable adjective

forˈfeiter noun (Shakespeare)

A person who incurs punishment by forfeiting his or her bond

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