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English definition of “forfeit”

forfeit

noun [C]
 
 
/ˈfɔːfɪt/ LAW
something that you lose the right to have or do because you have failed to obey a rule or law: Schools and their employees found in violation of the policy are subject to penalties, including fines or forfeits.
(Definition of forfeit noun from the Cambridge Business English Dictionary © Cambridge University Press)
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