Forfeit

Forfeit [ FAWR-fit  ]
 noun, adjective, transitive verb ]
 MEANING :
 1. (n.) penalty or fine
2. (n.) forfeiture or an act or instance of forfeiting
3. (tr.v.) to surrender or be deprived of a right due to an error or offense
4. (adj.) loss due to forfeiture
 USAGE EXAMPLE 1 :
 The referee warned them that a forfeit was their option as they were five players short.

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