forfeit verb Meaning in Cambridge Business English Dictionary
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Meaning of "forfeit" - Business English Dictionary

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forfeit

verb [T]
 
 
/ˈfɔːfɪt/
LAW to lose the right to have or do something because you have not obeyed a rule or law: Over several years, the district forfeited $51 million by failing to spend the money within the deadlines set by the government.forfeit a claim/right (to sth/to do sth) She forfeited her right to benefits because she did not notify the authorities of her change in circumstances.forfeit sth to sb/sth Illegally shipped cigarettes will be seized and forfeited to the state.
to agree to give away the right to have or do something: A culture of long hours and time forfeited in favour of money is now becoming routine.
Translations of “forfeit”
in Chinese (Traditional) (因違規而)喪失,被沒收…
in Russian лишаться, утрачивать…
in Turkish hakkını yitirmek/kaybetmek, yoksun kalmak…
in Chinese (Simplified) (因违规而)丧失,被没收…
in Polish tracić…
(Definition of forfeit verb from the Cambridge Business English Dictionary © Cambridge University Press)
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