penalty waiver
Charge dismissal granted
A penalty waiver is the forgiveness or cancellation of a penalty that would otherwise apply.
Financial institutions may grant penalty waivers for early withdrawal from CDs under hardship circumstances.
Tax authorities sometimes waive late-payment penalties for first-time offenders or those with reasonable cause: She requested a penalty waiver after the hurricane delayed her filing.
- forgivenessReleasing resentment toward offenders
- exemptionRelease from requirement
- reprievePostponement of punishment
- pardonOfficial release from punishment
- reliefEasing of distress
amnesty · leniency · clemency · fine · fee · infraction · violation · appeal · hardship · mercy · second chance · fresh start · clean slate · deadline · extension · late · overdue · request
penalty, waiver, penalties, penalize, penalized, penalizing, penalization, penal, punish