forgo
v.to choose not to have or use something, even if you want it. It is a more formal way to say 'to give up'.
v.to deliberately choose not to have or use something; to give up or do without. Often used in formal or literary contexts to describe a conscious sacrifice.
“He decided to forgo his lunch to finish the report.”
“The company chose to forgo short-term profits in order to invest in sustainable energy sources for the future.”
“By forgo the traditional opening ceremony, the organizers hoped to save time and ensure the event started exactly at noon as scheduled.”
“Forgoing the Commonwealth Games to prioritise her European title defence, Hodgkinson was further encouraged by her progress on a Portugal training camp before travelling to Birmingham.”
“This loss of coverage may also lead to even more dire consequences, such as increased hospitalizations that can result when uninsured people forgo basic or preventive care.”
From Middle English forgon (“to go by, pass up”), from Old English forgān (“to go away, forgo”); equivalent to for- + go.
Etymology adapted from Wiktionary, available under CC BY-SA 4.0.