Forfeit

[Sarah]

Lost or alienated for an offense or crime; liable to penalseizure.Thy wealth being forfeit to the state. Shak.To tread the forfeit paradise. Emerson.

[Sarah]

1. It's a verb used to tell someone that s/he loses a right,possession,etc or has it taken away from her/him.

2. Something that's taken away from you or something that you've to pay because you've broken a rule or made a mistake.

[Magaret]

what your [goods] are when you [violate] [the law]

[Sonia]

Lose or be deprived of (property or a right or privilege) as a penalty for wrongdoing.

[Rihanna]

Forfeit in Wrestling. When a wrestler fails to show up for a bout, the match is abandoned and the opponent is automatically declared the winner.