financial penalties
Cash-based consequences
Financial penalties are monetary punishments imposed for violations of laws, regulations, or contractual obligations.
Governments levy them for tax evasion, environmental violations, or regulatory noncompliance; courts impose them as fines or damages.
The company faced steep financial penalties for falsifying emissions data.
The threat of financial penalties serves as a deterrent, though critics argue they disproportionately burden those with less money.
- surchargeExtra fee added
- late feePenalty for overdue payment
- overdue paymentDebt past its deadline
- interest chargesFees on borrowed funds
- credit card feeCost for card use
fine · parking ticket · forfeiture · restitution · asset freeze · garnishment · civil forfeiture · disgorgement · punitive damages · confiscation · seizure · trade embargo · economic sanctions · arms embargo · contract law · export controls · import restrictions · penalties
- finestraffic fines, parking fine, parking fines, speeding fine, speeding fines
- corporate liabilitycorporate liability, limited liability, personal liability, unlimited liability, strict liability
financial penaltiesimprisonment
Legal detention in jail
incarceration · jail time · prison sentence · prison sentences · physical punishment
financial penaltiescash bonuses
Extra money given as reward
financial incentives · prize money · grants · subsidies · bounties
financial penaltiesfinancial incentives
Money offered to motivate
positive reinforcement · rewards · bonuses · tax breaks · tax credits