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Penalty
PenaltyContracts. A clause in an agreement, by which the obligor agrees to pay a certain-sum of money, if he shall fail to fulfil the contract contained in another clause of the same agreement. RELATED TERMS-------------------------------------- Clause Contracts. A particular disposition which makes part of a treaty; of an act of the legislature; of a deed, written agreement, or other written contract or will. Agreement A verbal or written resolution of disputes. Obligor The person who owes money or property as the result of a judgment. Money Gold, silver, and some other less precious metals, in the progress of civilization and commerce, have become the common standards of value; in order to avoid the delay and inconvenience of regulating their weight and quality whenever passed, the governments of the civilized world have caused them to be manufactured in certain portions, and marked with a Stamp which attests their value; this is called money. Contract A negotiated oral or written agreement setting forth the terms for an exchange of value between parties (which may be individuals or companies) and under which each party promises to perform an obligation. Certain terms, such as the obligations to be performed and the terms for setting price or compensation must be mutually understood, known in legal lingo as a "meeting of the minds," and promised to by the parties to form a legal contract. SIMILAR TERMS-------------------------------------- Penal That which may be punished; that which inflicts a punishment. Penal jurisdiction convention The International Convention for the Unification of Certain Rules Relating to Penal Jurisdiction in Matters of Collision or Other Incidents of Navigation, adopted at Brussels on May 10, 1952 and in force as of November 20, 1955. Penal law One which inflicts a penalty for a violation of its enactment Penal statutes Those which inflict a penalty for the violation of some of their provisions. Penance Ecclesiastical law. An ecclesiastical punishment, inflicted by an ecclesiastical court, for some spiritual offence. PREVIOUS AND NEXT TERMS-------------------------------------- Pen register An electronic surveillance device which attaches to a phone line and which registers every number dialed from a specific telephone. This surveillance device is not as effective as wire-tapping. Penal That which may be punished; that which inflicts a punishment. Penal jurisdiction convention The International Convention for the Unification of Certain Rules Relating to Penal Jurisdiction in Matters of Collision or Other Incidents of Navigation, adopted at Brussels on May 10, 1952 and in force as of November 20, 1955. Penal law One which inflicts a penalty for a violation of its enactment Penal statutes Those which inflict a penalty for the violation of some of their provisions. Penalty Penance Ecclesiastical law. An ecclesiastical punishment, inflicted by an ecclesiastical court, for some spiritual offence. Pencil An instrument made of plumbago, black lead, red chalk, or other suitable substance, for writing without ink. Pendente lite Pending the continuance of an action, while litigation continues. Pendentes Civil law. The fruits of the earth not yet separated from the ground; the fruits hanging by the roots. Penetration Crimes. The act of inserting the penis into the female organs of generation. We thank you for using the Juridical Dictionary to search for Penalty. If you have a better definition for Penalty than the one presented here, please let us know by making use of the suggest a term option. This definition of Penalty may be disputed by other professionals. Our attempt is to provide easy definitions on Penalty and any other medical topic for the public at large.
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