penalty definition
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Definition of 'penalty' Word forms: plural penalties. 1. countable noun. A penalty is a punishment that someone is given for doing something which is against a law or rule. One of those arrested could face the death penalty. The maximum penalty is up to 7 years' imprisonment or an unlimited fine. Synonyms: punishment, price, fine, handicap More Synonyms of penalty.
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statutory Created, defined, or relating to a statute; required by statute; conforming to a statute. A statutory penalty, for example, is punishment in the form of a fine, prison sentence, or both, that is imposed against an offender for committing some statutory violation. adjective according to law, authorized, established, fixed, lawful, legal, legalized, legislative, licit, sanctioned, within the law.
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- Full Definition of SENTENCE. 1. obsolete: opinion; especially: a conclusion given on request or reached after deliberation. 2. a: judgment 2a; specifically: one formally pronounced by a court or judge in a criminal proceeding and specifying the punishment to be inflicted upon the convict. 3. archaic: maxim, saw.efinition of SENTENCE for Kids. 1. : a group of words that makes a statement, asks a question, or expresses a command, wish, or exclamation.
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consequence The definition of consequence is a natural result that flows from something else, or importance in ranking. 1  If you do something wrong and get grounded, this is an example of aconsequence.  If there is a matter of great importance that you have to address, this is an example of a matter of greatconsequence.
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Penalty (ice hockey) A penalty in ice hockey is a punishment for an infringement of the rules. Most penalties are enforced by detaining the offending player within a penalty box for a set number of minutes, during which the player can not participate in play.Penalties are called and enforced by the referee, or in some cases the linesmen. delayed penalty is one in which the penalty is called but play is not yet stopped because the non-offending team retains the puck. The goaltender of the non-offending team will often go to the players' bench upon seeing the arm signal to allow an extra attacker on the ice until the play is stopped.
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- Penalty Phase Penalty Phase Law and Legal Definition Penalty phase refers to a part of a trial during which the fact finder determines the punishment that is to be given to the defendant who has been found guilty. It can also refer to the part where the jury votes on what penalty or damages to impose.
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- Definition of penalty tax: Local or federal punitive tax applied to deter non-compliance, such as underpayment of income tax or disregard of the rules... Definition of penalty tax: Local or federal punitive tax applied to deter non-compliance, such as underpayment of income tax or disregard of the rules... Home Articles
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penalty kick (in soccer) a free kick awarded for an infraction committed by a defensive player in the penalty area. [1885–90] penalty kick. 1. Awarded to the non-offending side for an infringement; the opponents must retire at least 10 yds. 2. Kick awarded for one of nine specific fouls within the penalty area, taken from the penalty spot.
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- (March 2009) A civil penalty or civil fine is a financial penalty imposed by a government agency as restitution for wrongdoing. The wrongdoing is typically defined by a codification of legislation, regulations, and decrees.
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Administrative Law : a period of time beyond a scheduled date during which a required action (as payment of an obligation) may be taken without incurring the ordinarily resulting adverse consequences (as penalty or cancellation): as a : a period of 30 days or one month during which premiums on insurance policies may be paid without penalty b : a period of ten days ...
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Civil penalty Civil penalty. A civil penalty or civil fine is a financial penalty imposed by a government agency as restitution for wrongdoing. The wrongdoing is typically defined by a codification of legislation, regulations, and decrees. The civil fine is not considered to be a criminal punishment, because it is primarily sought in order to compensate the state for harm done to it, rather than to punish the wrongful conduct.
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Prepayment Penalty DEFINITION of 'Prepayment Penalty'. A clause in a mortgage contract that says if the mortgage is prepaid within a certain time period, a penalty will be assessed. The penalty is usually based on percentage of the remaining mortgage balance or a certain number of months worth of interest. A prepayment penalty that applies to both the sale of a home and a refinancing transaction is called a hard prepayment penalty. A prepayment penalty that applies to refinancing only is called a soft prepayment penalty. Next Up.
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GLOSSARY OF SURETY BOND TERMS FIXED PENALTY BOND: A bond for which the amount is expressed in terms of a stated and definite sum of money. FORFEITURE BOND: A bond where the full penalty is payable upon breach of the condition regardless of the amount of loss or damage.
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Traffic ticket In some jurisdictions, a traffic ticket constitutes a notice that a penalty, such as a fine or deduction of points, has been or will be assessed against the driver or owner of a vehicle; failure to pay generally leads to prosecution or to civil recovery proceedings for the fine.
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Soccer Terms Glossary The word penalty has a very specific (and very dramatic) meaning in soccer. It should be applied only to the award of a penalty kick -- i.e., the 12-yard direct free kick taken from the penalty spot with only the goalkeeper to beat. It should never be used in connection with any other offense or free kick situation.
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Mandatory Sentence Law and Legal Definition A mandatory sentence is a court decision setting where judicial discretion is limited by law. Typically, people convicted of certain crimes must be punished with at least a minimum number of years in prison.
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Punishment The old village stocks in Chapeltown, Lancashire, England. A punishment is the imposition of an undesirable or unpleasant outcome upon a group or individual, meted out by an authority—in contexts ranging from child discipline to criminal law—as a response and deterrent to a particular action or behaviour that is deemed undesirable or unacceptable.
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Civil penalty Civil penalty. A civil penalty or civil fine is a financial penalty imposed by a government agency as restitution for wrongdoing. The wrongdoing is typically defined by a codification of legislation, regulations, and decrees.
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Prepayment Penalty DEFINITION of 'Prepayment Penalty'. A clause in a mortgage contract that says if the mortgage is prepaid within a certain time period, a penalty will be assessed. The penalty is usually based on percentage of the remaining mortgage balance or a certain number of months worth of interest.A prepayment penalty that applies to both the sale of a home and a refinancing transaction is called a hard prepayment penalty.he penalty is usually based on percentage of the remaining mortgage balance or a certain number of months worth of interest. A prepayment penalty that applies to both the sale of a home and a refinancing transaction is called a hard prepayment penalty.
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Sentence (law) Sentence (law) A sentence is a decree of punishment. In law, a sentence forms the final explicit act of a judge-ruled process, and also the symbolic principal act connected to his function. The sentence can generally involve a decree of imprisonment, a fine and/or other punishments against a defendant convicted of a crime.
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Penalties Law and Legal Definition Penalties Law and Legal Definition. A penalty may be civil or criminal. Upon conviction of a crime, a person may be ordered to pay monetary fines or restitution, or forfeit property. A penalty may also be a period of incarceration. Criminal penalties are often based upon classification of crimes, such a misdemeanors and felonies.
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Field lacrosse A penalty in ice hockey consists of losing one player who has to sit in the penalty box for a specified period of time (usually either 2 minutes or 5 minutes) during which his … team must play one man short.The penalty is killed if the team prevents its opponent from scoring during this period of time. penalty in ice hockey consists of losing one player who has to sit in the penalty box for a specified period of time (usually either 2 minutes or 5 minutes) during which his … team must play one man short.
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Death penalty (NCAA) Death penalty (NCAA) The death penalty is the popular term for the National Collegiate Athletic Association's power to ban a school from competing in a sport for at least one year. It is the harshest penalty that an NCAA member school can receive. It has been implemented only five times:
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- A prepayment penalty is a provision of your contract with the lender that states that in the event you pay off the loan entirely, you will pay a penalty. Penalties are usually expressed as a percent of the outstanding balance at time of prepayment, or a specified number of months of interest. 2-3% penalty during the first 3-5 years, payable only on a refinancing, is a reasonable price to pay for a 1/4% reduction in rate. Because I have very bad credit, I agreed to pay 11% for a 30-year mortgage.
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"What does ""Under Penalty of Perjury"" Mean?" “Under penalty of perjury” is a common phrase to anyone who has ever watched a courtroom drama. Perjury is the crime of intentionally lying or misrepresenting the truth to a court or government organization.
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Prepayment Penalty Definition The approximate monthly interest is $833.33. If you pay off your mortgage loan early, and the mortgage holder charges a prepayment penalty based on three months interest, your prepayment penalty will be $2,500.00, or $833.33 times three. prepayment penalty is a sum of money paid to the mortgage holder if the mortgagor decides to pay off the mortgage before the end of its term.