Monetary Fine
/ˈmɒnɪtəri faɪn/
Definitions
- (n.) A pecuniary penalty imposed by a court or authority as punishment for an offense or breach of law.
The company was ordered to pay a substantial monetary fine for violating environmental regulations.
Forms
- monetary fine
- monetary fines
Related terms
See also
Commentary
Monetary fines serve both punitive and deterrent functions in law and differ from other penalties by their pecuniary nature.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.