penalty
- noun
- /ˈpɛnəlti/
- He was surprised to learn that the penalty for late payment included both interest and a fee.
- monetary penalty
- pay a penalty
- impose a penalty
It was paid back plus penalty plus interest.
- It was paid back plus penalty plus interest.
- They like, OK, let's just say you got a late penalty and it's some thousands, right?
- OK, so under EU law, overdue invoices owed by state connected entities incur a guaranteed penalty interest rate.
- So for example, one thing I can do is I can order more frequently and pay whatever penalty it takes to get that I can.
Examples
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That's the penalty for defaulting on our side of the rental agreement.
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The penalty for lateness.
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I mean, with penalty and interest, it could cost you plenty.
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I'll pay a penalty charge.
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According to oral history, death was the penalty for failure in this important trial.
Academic text (1994) -
...leaves me absolutely no choice but to levy the maximum penalty.
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And his burden to pay the penalty.
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And I'm willing to pay the penalty.
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His dear wife Hester took some money out of her savings account and had to pay a substantial penalty for early withdrawal.
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Transactional notice noncompliance triggers a $5 penalty for each failure, with relief available for cause.
Academic text (2017)
Synonyms
Official punishment or restriction by an authority
A thing you lose or must give up as a penalty
Losing property, such as money or a house, as a penalty for doing something wrong
An amount of money a person or company must pay as punishment for breaking a law
A fine a court orders when the judge chooses the amount
Antonyms
Compounds
How Large
Surface Forms
Morphology
Etymology
Penalty comes from the Latin word poena, which means 'punishment', and it shares the same root as English penal. So in a contract a penalty is a 'punishment' in money that you must pay if you do not keep your agreement.