forfeiture
/ˈfɔːrfɪtʃər/
noun
- The act of losing or giving up something as a penalty for a mistake, crime, or failure to follow rules.
- The court ordered the forfeiture of all assets gained illegally.
- Forfeiture of the deposit is standard if you cancel at the last minute.
- The forfeiture of his driver's license was a serious consequence.
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