penalty has definitions from the fields of accounting,business
1
[ noun ] the act of punishing

Used in print

(The Dallas Morning News,...)

Instead , retailers would sign a certificate of correctness , violation of which would carry a penalty of one to five years in prison , plus a $ 1000 fine .

(John Michael Ray, "Rhode Island's Reactions...)

On Wednesday morning , November_2 , 1859 , the Providence_Daily_Journal stated that although Brown justly deserved the extreme penalty , no man , however criminal , ought to suffer the penalty without a fairer trial .

On Wednesday morning , November_2 , 1859 , the Providence_Daily_Journal stated that although Brown justly deserved the extreme penalty , no man , however criminal , ought to suffer the penalty without a fairer trial .

(Frieda Arkin, "The Light of the Sea," in The...)

Procreation , expansion , proliferation - these are the laws of living_things , with the penalty for not obeying them the ultimate in punishments : oblivion .

2
[ noun ] the disadvantage or painful consequences of an action or condition

Examples

: "neglected his health and paid the penalty"

Used in print

(The Christian Science Monitor,...)

The penalty for this is noticeable in the big , bold , brilliant , but brassy piano sounds in Melody_and_Percussion_for_Two_Pianos ( SP 44007 ) .

Related terms

advantage disadvantage

3
[ noun ] (accounting,business) a payment required for not fulfilling a contract

Used in print

(Your Federal Income Tax. 1962 Edition (Revised to...)

Furthermore , a bad check may subject the maker to certain penalties .

4
[ noun ] (games) a handicap or disadvantage that is imposed on a competitor (or a team) for an infraction of the rules of the game

Related terms

handicap game_misconduct game

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