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 maximumpenalty of two years' imprisonment.

• The stiff penalties (= severe penalties ) facing the eight racketeers are likely to act as a strong deterrent.

2. BANKING INSURANCE an amount of money someone has to pay if they do not keep to a legal agreement, especially an agreement with a bank or an insurance company:
penalty for

• There is a 10% penalty for withdrawing funds in the first three years.

surˈrender ˌpenalty also surˈrender ˌcharge INSURANCE
an amount of money someone owning an insurance policy has to pay if they stop the policy before it mature S (= becomes due for payment):

• Investors should always compare surrender penalties.

* * *

penalty UK US /ˈpenəlti/ noun [C] (plural penalties)
FINANCE, LAW an amount of money that someone is forced to pay for failing to obey a rule, law, etc.: »

Taxpayers who do not send in their tax return by the deadline will pay a £100 penalty.

exit/early-withdrawal/fixed penalty »

Savers who try to cash in their bonds in the first five years will usually face fixed penalty charges.

impose/introduce a penalty »

Regulators prevented the broadband operator from imposing a penalty on customers defecting to other providers.

without penalty »

Withdrawals can be made without penalty as long as 50 days' notice is given.


face/incur a penalty


financial/hefty/stiff penalties

LAW a punishment for failing to obey a rule or law: »

Second-degree murder carries a maximum penalty of life imprisonment.

abolish/oppose/seek the death penalty »

Several US states have considered bills that would abolish the death penalty.

See also SURRENDER PENALTY(Cf. ↑surrender penalty)

Financial and business terms. 2012.

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Look at other dictionaries:

  • 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 / 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… …   Law dictionary

  • 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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