I. for ‧ feit 1 /ˈfɔːfət, ˈfɔːfɪt $ ˈfɔːr-/ BrE AmE verb [transitive]
to lose a right, position, possession etc or have it taken away from you because you have broken a law or rule:
By being absent from the trial, he forfeited the right to appeal.
She was fined £3,000 and ordered to forfeit her car.
II. forfeit 2 BrE AmE noun [countable]
[ Date: 1200-1300 ; Language: Old French ; Origin: forfet , past participle of forfaire 'to do a crime' ]
something that is taken away from you or something that you have to pay, because you have broken a rule or made a mistake
III. forfeit 3 BrE AmE adjective
be forfeit formal to be legally or officially taken away from you as a punishment:
The company’s property may even be forfeit.