Penalty clause

Penalty Clause,

Penalty Clause: What is the Meaning of Penalty Clause?

• Penalty Clause means, A clause in an agreement that states that a party who violates the agreement must pay a certain amount.

Literal Meanings of Penalty Clause

Penalty:

Meanings of Penalty:

1. Punishment for breaking a law, rule or contract

2. A disability is imposed on a player or team for violating the rules (in sports and games).

Sentences of Penalty

1. The charge carries a maximum sentence of ten years in prison.

2. He was fined only 6.40 times on the field.

Synonyms of Penalty

fine, retribution, sentence, sanction, punishment, punitive action, penance, mulct, forfeit

Clause:

Meanings of Clause:

1. A grammatical organizational unit that is located just below a sentence on a line and in traditional grammar, should consist of a subject and a prediction.

2. Articles, terms or conditions that are defined and separate from an agreement, law or contract.

Synonyms of Clause

section, note, point, paragraph, provision, item, passage, heading, requirement, condition, part, subsection, rider, article, specification, proviso, stipulation

source https://howtodiscuss.com/t/penalty-clause/27295/2