Forfeit

To Forfeit means to lose or be deprived of a right, privilege, or possession as a penalty for wrongdoing or failure to fulfill an obligation. It implies a mandatory surrender or loss due to a breach of rules, agreement, or law. The item or right forfeited becomes the property of another party or is nullified. It differs from 'giving up' in that it's usually an imposed consequence rather than a voluntary action. Forfeiture can apply to a wide range of things, from money and property to opportunities and freedoms. This action is designed to discourage undesirable actions and enforce standards.

Forfeit meaning with examples

• The contract stipulated that if the project wasn't completed by the deadline, the company would Forfeit the deposit. The delay was unavoidable due to a national emergency but the terms where clear. Despite the difficulties they still failed to meet the requirements of the contract and lost their money.
• Due to excessive misconduct, the athlete was forced to Forfeit their medal and their place in the competition. The judges had no option because the behavior showed a serious lack of sportsmanship. The athlete had to pay a fine and was suspended from competing in future events.
• By not paying the taxes on time, the homeowner was informed that they would have to Forfeit their property to the local government. The bank had to take action when the homeowner failed to make their mortgage payments on time, but their financial problems had worsened.
• The team was penalized for fielding an ineligible player and had to Forfeit the game. The opposition was very happy as this was considered a big victory for them as they now won and progressed to the next round.
• If students fail to attend the mandatory training session, they will Forfeit their opportunity to participate in the field trip. They were told that attendance was mandatory. Several students were disappointed as the event was considered an important part of their education.