: the suffering in person, rights, or property that is annexed by law or judicial decision to the commission of a crime or public offense
trespassing forbidden under penalty of imprisonment
2
: the suffering or the sum to be forfeited to which a person agrees to be subjected in case of nonfulfillment of stipulations
A penalty was imposed on the contractor for breach of contract.
3
a
: disadvantage, loss, or hardship due to some action
Loss of privacy is one of the penalties you pay for fame.
b
: a disadvantage (such as loss of yardage, time, or possession of the ball or an addition to or subtraction from the score) imposed on a team or competitor for violation of the rules of a sport
The team was given a penalty for the foul.
4
: points scored in bridge by the side that defeats the opposing contract—usually used in plural
The company was given a severe penalty for the violation. They allowed him to pay back the money without a penalty. They allowed him to pay back the money without penalty. Lack of privacy is one of the penalties you pay for fame. The hockey player was given a penalty for holding.
Recent Examples on the WebThe bank agreed to pay about $131.8 million to eligible current and former 401(k) plan participants, along with a nearly $13.2 million penalty. Ben Eisen, WSJ, 12 Sep. 2022 People who have already paid the penalty will receive an automatic refund, according to the IRS. Leada Gore | Lgore@al.com, al, 29 Aug. 2022 As a result, nearly 1.6 million taxpayers who already paid the penalty are receiving refunds totaling more than $1.2 billion. Robert W. Wood, Forbes, 25 Aug. 2022 Weisselberg will serve five months in prison, be under supervision for five years and pay a $1.94 million penalty. Alexandra Hutzler, ABC News, 20 Aug. 2022 Wells Fargo was fined $3 billion, including a $500 million civil penalty to be distributed to investors by the SEC. Megan Cerullo, CBS News, 28 July 2022 Trident also agreed to pay a $4 million civil penalty. Hamza Shaban, Washington Post, 27 July 2022 JPMorgan had faced in recent years, including a bid-rigging scheme in the California electricity market in 2010 and 2011 for which the bank paid a $410-million penalty. Michael Hiltzik, Los Angeles Times, 14 July 2022 That hike resulted in widespread confusion among the company’s customers, a new rate structure the company was at times unable to explain and a $24 million penalty for not communicating the rates to customers properly. Ryan Randazzo, The Arizona Republic, 8 July 2022 See More
Word History
Etymology
Middle English penalte, from Middle French penalité, from Medieval Latin poenalitas, from Latin poenalis