forfeiture

Plural: forfeitures

Noun

• something that is lost or surrendered as a penalty
• a penalty for a fault or mistake that involves losing or giving up something
• the act of losing or surrendering something as a penalty for a mistake or fault or failure to perform etc.
• A legal action whereby a person loses all interest in the forfeit property.
• The loss of forfeit property.
• The property lost as a forfeit.
• Any loss occasioned by one's own actions.

Synonyms

forfeit, sacrifice