forgoing

the act of renouncing; sacrificing or giving up or surrendering (a possession or right or title or privilege etc.)

do without or cease to hold or adhere to

We are dispensing with formalities

be earlier in time; go back further

Stone tools precede bronze tools

lose (s.th.) or lose the right to (s.th.) by some error, offense, or crime

you've forfeited your right to name your successor