penalty sum

См. также в других словарях:

• 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 clauses — clauses that impose a liability more extensive than general damages. They are contrary to public policy and accordingly unenforceable. However, the courts will allow parties to agree the amount of damages in advance by way of what is called a… …   Law dictionary

• penalty — An elastic term with many different shades of meaning; it involves idea of punishment, corporeal or pecuniary, or civil or criminal, although its meaning is generally confined to pecuniary punishment. Allied v. Graves, 261 N.C. 31, 134 S.E.2d 186 …   Black's law dictionary

• penalty — An arbitrary prearranged sum that becomes payable if one party breaches a contract or undertaking. It is usually expressly stated in a penalty clause of the contract. Unlike liquidated damages, a penalty will be disregarded by the courts and… …   Big dictionary of business and management

• penalty — In the broad sense of the term, the consequences visited by law upon the heads of those who violate the law, particularly provisions of the criminal law and police regulations. A punishment for the nonperformance of an act or for the performance… …   Ballentine's law dictionary

• penalty — noun (plural ties) Etymology: Middle English penalte, from Middle French penalité, from Medieval Latin poenalitas, from Latin poenalis Date: 15th century 1. the suffering in person, rights, or property that is annexed by law or judicial decision… …   New Collegiate Dictionary

• penalty — /ˈpɛnəlti / (say penuhltee) noun (plural penalties) 1. a punishment imposed or incurred for a violation of law or rule. 2. a loss or forfeiture to which one subjects oneself by non fulfilment of an obligation. 3. that which is forfeited, as a sum …  

• penalty — /pen l tee/, n., pl. penalties. 1. a punishment imposed or incurred for a violation of law or rule. 2. a loss, forfeiture, suffering, or the like, to which one subjects oneself by nonfulfillment of some obligation. 3. something that is forfeited …   Universalium

• penalty — I (New American Roget s College Thesaurus) n. retribution, punishment, rap (sl.); pain, penance, atonement; the devil to pay; penalization; handicap, fine, amercement; forfeit[ure], damages, confiscation. II (Roget s IV) n. Syn. fine, sentence,… …   English dictionary for students

• On penalty of — 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,… …   The Collaborative International Dictionary of English