What is the meaning of forgoing?

noun

• The act of renouncing; sacrificing or giving up or surrendering (a possession or right or title or privilege etc..
  • synonyms: renunciation, forswearing

verb

• Do without or cease to hold or adhere to.
  • usage: "We are dispensing with formalities"; "relinquish the old ideas"
  • synonyms: waive, relinquish, forgo, forego, foreswear, dispense with
• Be earlier in time; go back further.
  • usage: "Stone tools precede bronze tools"
  • synonyms: predate, precede, forego, forgo, antecede, antedate
• Lose (s. Th.) or lose the right to (s. Th.. by some error, offense, or crime)
  • usage: "you've forfeited your right to name your successor"; "forfeited property"
  • synonyms: forfeit, give up, throw overboard, waive, forgo, forego