Penalty
Term · Law · MLC-T-LAW-003693
A punishment or sanction imposed on an individual or entity for committing a crime, a civil wrong, or a breach of contract. Penalties serve to deter misconduct and punish wrongdoing, ranging from monetary fines in civil cases to imprisonment in criminal matters. The specific penalty for a statutory offense is prescribed by the relevant law, while in contract law, it is determined by the terms of the agreement, subject to legal limits on enforceability.
| Identifier | MLC-T-LAW-003693 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-003693",
"term": "Penalty",
"field": "Law",
"definition": "A punishment or sanction imposed on an individual or entity for committing a crime, a civil wrong, or a breach of contract. Penalties serve to deter misconduct and punish wrongdoing, ranging from monetary fines in civil cases to imprisonment in criminal matters. The specific penalty for a statutory offense is prescribed by the relevant law, while in contract law, it is determined by the terms of the agreement, subject to legal limits on enforceability.",
"url": "https://mlchart.com/terminology/law/penalty/"
}
Record 3,698 of 5,445 in Law terminology (MLC-0107). Request the full dataset.