penalty

noun6

1. •
   something that someone must pay or suffer because they did not follow the rules
2. •
   A legal sentence.

   • The penalty for his crime was to do hard labor.
3. •
   A punishment for an infraction of the rules, often in the form of being removed from play for a specified amount of time.

   • A penalty was called when he tripped up his opponent.
4. •
   A direct free kick from the penalty spot, taken after a defensive foul in the penalty box; a penalty kick.
5. •
   A disadvantageous consequence of a previous event.

   • "But you, my noble, my generous girl!" exclaimed Lord Avonleigh, "I dare not let you pay the penalty of my former folly." — 1834
6. •
   A payment forfeited for an early withdrawal from an account or an investment.