1. punishments imposed for breaking a law, rule, or contract
Usage: plural of penalty
2. disadvantages or losses incurred as a result of an action or situation
Usage: plural of penalty
3. punishments awarded in sports for rule violations
Usage: plural of penalty; sports

Examples

• The company faced severe penalties for violating environmental regulations.
• Late payment penalties can add significantly to your debt.
• The referee called several penalties during the hockey game.
• Tax penalties are imposed on those who file their returns late.
• The contract outlined specific penalties for breach of agreement.
• Speed limit violations carry heavy penalties in this state.
• The soccer team was awarded a penalty kick after the foul.