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What does forgoes mean?

Looking for the meaning or definition of the word forgoes? Here's what it means.

Verb
  1. Third-person singular simple present indicative form of forgo
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Examples
Therefore, while a mother is taking time off to care for a child, she forgoes not only her earnings, but also on the ability to put funds into her privatized account.
By imposing certain conditions on the buyer, the State potentially lowers the sale price and thus forgoes additional revenues.
No class of society, not even the most abjectly poor, forgoes all customary conspicuous consumption.
Another approach considers what society forgoes in terms of pre-tax returns of displaced investment in the country.
The resulting gain to the firm is financed by the State, since the latter temporarily forgoes revenue.
He was mentioning that when someone forgoes a tax revenue it is a tax expenditure.

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