1
as in fines
a sum of money to be paid as a punishment
the penalty for speeding is $10 for every mile over the speed limit
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2
as in punishments
suffering, loss, or hardship imposed in response to a crime or offense
in some cases, the new penalties for drug offenses were harsher than those for violent crimes
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3
as in disadvantages
the negative result caused by something that creates difficulty for achieving success
suffered the penalty of his decision to leave school without graduating
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Merriam-Webster unabridged
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