for·feit 1 /'fȯr-fət/ n [Anglo-French, from Middle French forfait, past participle of forfaire to commit a crime, from fors outside + faire to do]: something forfeited or subject to being forfeited
forfeit 2 vt
1: to lose or lose the right to by some default, failure, or neglect of obligation or duty or by some offense
shall forfeit to the United States...any proceeds which the person obtained, directly or indirectly, from racketeering activity — U.S. Code
2: to subject to forfeiture
it shall be placed in the custody of the Collector, who...shall cause a notice of the seizure and intention to forfeit and sell the same — Morgan v. United States, 107 F. Supp. 501 (1952)
for·feit·abil·i·ty /ˌfȯr-fə-tə-'bi-lə-tē/ n
for·feit·able adj
forfeit 3 adj: forfeited or subject to forfeiture
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.