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forgo (verb) give up; do without.
You forgo your pleasures if you do not have them. You forgo an opportunity when you give up the opportunity. You have to forgo your deposit when you violate a contract. That is, you have given up your deposit if you violate an agreement.
- No one is usually ready to forgo an opportunity to amass wealth, but there are cases, though very rare, of people, who for the sake of their principles, have given up their wealth or kingdoms.
- Hansen was prepared to forgo his summer leave just to earn some extra money for the house he wishes to build.