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Definition of penalty:

  1. A handicap.
  2. 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 trespass.
  3. The suffering, or the sum to be forfeited, to which a person subjects himself by covenant or agreement, in case of nonfulfillment of stipulations; forfeiture; fine.

Synonyms:

reward, penalisation, interdict, amercement, mulct, interdiction, penalization, punishment, sanction.

Usage examples: