monetary penalty
Cash-based legal consequence
A monetary penalty is a fine imposed as punishment for violating a law, regulation, or agreement.
Courts assess monetary penalties for crimes, regulatory agencies levy them for compliance failures, and contracts may specify them for breaches: The company faced a monetary penalty of $2 million for environmental violations.
The term emphasizes that the punishment is financial rather than imprisonment or other consequences.
- late feesPenalties for delayed payment
- fineAcceptable in quality
- speeding finePenalty for excessive velocity
- surchargeExtra fee added
- bank feeCost for banking services
restitution · punitive damages · sanction · reparations · court costs · traffic ticket · parking ticket
- finestraffic fines, parking fine, parking fines, speeding fine, speeding fines
- penaltiesfine, infractions, violations, fouls, foul
- punishmentsjail, prison, timeout, grounded, fine
monetary penaltyimprisonment
Legal detention in jail
incarceration · jail time · prison sentence · corporal punishment · physical punishment
monetary penaltycash prize
Money awarded to winners
bonus · prize money · cash bonus · bounty · grant
monetary, money, monetize, monetization, monetarism, monetarist, monies, moneyed, penalty