pen·al·ty /'pen-əl-tē/ n pl -ties
1: a punishment that is imposed on a wrongdoer by statute or judicial decision
2: a pecuniary sum that by agreement is to be paid by a party who fails to fulfill an obligation to another and that is punitive rather than compensatory
the court declined to enforce the contractual penalty and determined actual damages instead

Merriam-Webster’s Dictionary of Law. . 1996.

I noun amercement, castigation, compulsory payment, cost, deprivation, disadvantage, disciplinary action, fine, forefeiture, forfeit, handicap, infliction, liability, loss, multa, onus, penal retribution, penance, poena, prescribed punishment, punishment, punishment fixed by law, punishment prescribed by law, reprisal, retributive justice, sconce, sentence associated concepts: action for penalty, civil penalty, confiscatory penalty, criminal penalty, excessive penalty, penalty clause, penalty for forfeiture, subject to penalty foreign phrases:
- Quod a quoque poenae nomine exactum est id eidem restituere nemo cogltur. — No one is compelled to restore that which has been exacted as a penalty.
II index amercement, condemnation (punishment), conviction (rinding of guilt), correction (punishment), damages, disadvantage, discipline (punishment), expense (sacrifice), fine, forfeiture (thing forfeited), imposition (tax), infliction, punishment, reparation (indemnification), reprisal, retribution, sanction (punishment), sentence, surcharge, trover

Burton's Legal Thesaurus. . 2006

If a provision of a contract which professes to fix damages that may be claimed if a relevant clause is breached amounts to a penalty for failure to comply, rather than a genuine pre-estimate of loss, it may be unenforceable.

Easyform Glossary of Law Terms. — UK law terms.

A punishment.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.

Punishment upon conviction of a crime, generally in the form of a monetary fine, forfeiture of property, or imprisonment.
Category: Criminal Law
Category: Small Claims Court & Lawsuits

Nolo’s Plain-English Law Dictionary. . 2009.

A clause in a contract which provides for a fixed or pre-determined amount to be payable on breach of contract may be recoverable as liquidated damages. However if the amount payable is not a genuine pre-estimate of loss it will be a penalty and void. For example, in the context of a default interest provision in a contract, if a court could construe the rate of interest as excessive it may be held invalid as a penalty.
Related links

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

A punitive measure that the law imposes for the performance of an act that is proscribed, or for the failure to perform a required act.

Dictionary from West's Encyclopedia of American Law. 2005.

A punitive measure that the law imposes for the performance of an act that is proscribed, or for the failure to perform a required act.

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

   1) in criminal law, a money fine or forfeiture of property ordered by the judge after conviction for a crime.
   2) an amount agreed in advance if payment or performance is not made on time, such as a "late payment" on a promissory note or lease, or a financial penalty for each day a building contractor fails to complete a job.

Law dictionary. . 2013.

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  • penalty — [ penalti ] n. m. • 1898; mot angl. « pénalisation », même rac. que pénal ♦ Sport Faute grave commise par un footballeur dans la surface de réparation de son camp. L arbitre a sifflé le penalty. Il y a penalty. ♢ Coup de pied tiré de l intérieur… …   Encyclopédie Universelle

  • penalty — pen‧al‧ty [ˈpenlti] noun penalties PLURALFORM [countable] 1. a punishment for breaking a law or rule: penalty for • There will be increased penalties for dumping oil at sea. • The offence carries a maximum …   Financial and business terms

  • Penalty — Pe nal*ty, n.; pl. {Penalties}. [F. p[ e]nalit[ e]. See {Penal}.] 1. Penal retribution; punishment for crime or offense; the suffering in person or property which is annexed by law or judicial decision to the commission of a crime, offense, or… …   The Collaborative International Dictionary of English

  • Penalty — [ˈpɛnl̩tɪ] (engl.: Strafe, Sanktion) bezeichnet im deutschen Sprachraum meistens den mit dem Fuß zu tretenden Strafstoß im Fußball und Rugby. einen Strafschuss bei verschiedenen Hockeyarten, siehe Penalty (Eishockey). den Strafwurf beim Kanupolo …   Deutsch Wikipedia

  • Penalty — o penalti (del ingl. «penalty»; pl. «penaltys» o «penaltis») m. En fútbol y otros deportes, máxima sanción que consiste en permitir que un jugador solo ante el portero del equipo contrario tire directamente a gol, como castigo a este equipo por… …   Enciclopedia Universal

  • penalty — ► NOUN (pl. penalties) 1) a punishment imposed for breaking a law, rule, or contract. 2) something unpleasant suffered as a result of an action or circumstance: feeling cold is one of the penalties of old age. 3) a penalty kick or shot. ● under… …   English terms dictionary

  • penalty — pénalty (angl.) / penálti ( nal ti) s. n., art. pénalty ul / penáltiul ( ti ul); pl. pénalty uri / penáltiuri Trimis de gall, 20.02.2008. Sursa: DOOM 2 …   Dicționar Român

  • penalty — penalty, casarse de penalty ► casarse, ► casarse de penalty …   Diccionario del Argot "El Sohez"

  • penalty of — With liability in case of infraction to the penalty of ● penalty …   Useful english dictionary

  • penalty — {{hw}}{{penalty}}{{/hw}}(sport) Nel calcio, calcio di rigore …   Enciclopedia di italiano

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