forfeiture

n 1: something that is lost or surrendered as a penalty; [syn: {forfeit}]

2: a penalty for a fault or mistake that involves losing or

giving up something; "the contract specified forfeits if

the work was not completed on time" [syn: {forfeit}]

3: the act of losing or surrendering something as a penalty for

a mistake or fault or failure to perform etc. [syn: {forfeit},

{sacrifice}]