Monetary Sanction
/ˈmʌnɪˌtɛri ˈsæŋkʃən/
Definitions
- (n.) A financial penalty imposed by a court or regulatory authority as punishment for violation of laws, rules, or orders.
The court imposed a monetary sanction on the company for failing to comply with discovery rules.
Forms
- monetary sanction
- monetary sanctions
Related terms
See also
Commentary
Often used interchangeably with 'fine,' but monetary sanctions may include costs and fees beyond basic fines; clarity in specifying the basis and calculation is important in drafting.
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.