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From The Collaborative International Dictionary of English v.0.44 [gcide]:
Forfeit \For"feit\, noun [OE. forfet crime, penalty, F. forfait crime (LL. forefactum, forifactum), prop. p. p. of forfaire to forfeit, transgress, fr. LL. forifacere, prop., to act beyond; L. foris out of doors, abroad, beyond + facere to do. See {Foreign}, and {Fact}.]
1. Injury; wrong; mischief. [Obs. & R.]
To seek arms upon people and country that never did us any forfeit. --Ld. Berners.
2. A thing forfeit or forfeited; what is or may be taken from one in requital of a misdeed committed; that which is lost, or the right to which is alienated, by a crime, offense, neglect of duty, or breach of contract; hence, a fine; a mulct; a penalty; as, he who murders pays the forfeit of his life.
Thy slanders I forgive; and therewithal Remit thy other forfeits. --Shak.
3. Something deposited and redeemable by a sportive fine; -- whence the game of forfeits.
Country dances and forfeits shortened the rest of the day. --Goldsmith.
From The Collaborative International Dictionary of English v.0.44 [gcide]:
Forfeit \For"feit\, verb (used without an object)
1. To be guilty of a misdeed; to be criminal; to transgress. [Obs.]
2. To fail to keep an obligation. [Obs.]
I will have the heart of him if he forfeit. --Shak.
From The Collaborative International Dictionary of English v.0.44 [gcide]:
Forfeit \For"feit\, p. p. or a. In the condition of being forfeited; subject to alienation. --Shak.
Once more I will renew His laps['e]d powers, though forfeite. --Milton.
From The Collaborative International Dictionary of English v.0.44 [gcide]:
Forfeit \For"feit\, adjective [F. forfait, p. p. of forfaire. See {Forfeit}, noun] Lost or alienated for an offense or crime; liable to penal seizure.
Thy wealth being forfeit to the state. --Shak.
To tread the forfeit paradise. --Emerson.
From The Collaborative International Dictionary of English v.0.44 [gcide]:
Forfeit \For"feit\, verb (used with an object) [imp. & p. p. {Forfeited}; p. pr. & vb. n. {Forfeiting}.] [OE. forfeten. See {Forfeit}, noun] To lose, or lose the right to, by some error, fault, offense, or crime; to render one's self by misdeed liable to be deprived of; to alienate the right to possess, by some neglect or crime; as, to forfeit an estate by treason; to forfeit reputation by a breach of promise; -- with to before the one acquiring what is forfeited.
[They] had forfeited their property by their crimes. --Burke.
Undone and forfeited to cares forever! --Shak.
From WordNet (r) 2.0 [wn]:
forfeit
adjective: surrendered as a penalty [syn: {confiscate}, {forfeited}]
noun
1: something that is lost or surrendered as a penalty; [syn: {forfeiture}]
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: {forfeiture}]
3: the act of losing or surrendering something as a penalty for a mistake or fault or failure to perform etc. [syn: {forfeiture}, {sacrifice}]
verb: lose or lose the right to by some error, offense, or crime [syn: {give up}, {throw overboard}, {waive}, {forgo}] [ant: {claim}]
From Moby Thesaurus II by Grady Ward, 1.0 [moby-thes]:
78 Moby Thesaurus words for "forfeit": amercement, be bereaved of, bereavement, caution, caution money, charge, collateral, collateral security, cost, damage, damages, dead loss, debit, default, denial, denudation, deposit, deprivation, despoilment, destruction, detriment, dispossession, distraint, distress, divestment, drop, escheat, escheatment, expense, fee, fine, forfeiture, forgo, forgone, give over, give up, go astray from, incur loss, injury, kiss good-bye, let slip, lose, lose out, loser, losing, losing streak, loss, lost, margin, mislay, misplace, miss, mulct, penalty, perdition, privation, relinquish, relinquished, renounce, renounced, robbery, ruin, sacrifice, sconce, sequestration, spoliation, stake, stripping, suffer loss, surrender, surrendered, taking away, total loss, undergo privation, waive, waived, wander from, yielded
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