penaltiy

(n) : A punishment for violating rules of procedure.

(n) : A legal sentence.

(n) : A disadvantageous consequence of a previous event.

(n) : (finance) A payment forfeited for an early withdrawal from an account or an investment.

(n) : (soccer) A direct free kick from the penalty spot, taken after a defensive foul in the penalty box; a penalty kick.

(n) : (ice hockey) A punishment for an infraction of the rules, often in the form of being removed from play for a specified amount of time.