/ˈfɔːfɪt/ – nounverbadj
Definition: 1. bị mất (quyền, tài sản)
2. tiền phạt, phạt;
3. tài sản bị tịch thu;
4. sung vào công quỹ.
A more thorough explanation: Forfeit, in legal terms, refers to the loss or surrender of a right, property, or privilege as a penalty for wrongdoing or a breach of contract. It can also refer to the act of giving up something as a consequence of failing to fulfill an obligation or meet a condition.
Example: The defendant failed to appear in court, causing the judge to declare a forfeiture of their bail money.