noun, noun which may take the genitive case particle 'no'
forfeiture of a pawned item; unredeemed pledge; foreclosure of a pawn
Used in pawnbroking contexts when a pawned item is not redeemed within the agreed period and becomes the pawnbroker's property.
If you can't repay the loan by the deadline, that watch will be forfeited.
There are shops where you can buy unredeemed pawned items cheaply.
unredeemed pawned item; forfeited article
Compound of 質 (しち, 'pawn') and 流れ (ながれ, 'flowing away'), literally meaning the pawned item flows away from the original owner.