ˈpenalty ˌclause BrE AmE noun [countable]
the part of a contract which says what someone will have to pay or do if they do not obey the agreement, for example if they do not complete work on time
ˈpenalty ˌclause BrE AmE noun [countable]
the part of a contract which says what someone will have to pay or do if they do not obey the agreement, for example if they do not complete work on time
Longman Dictionary of Contemporary English. Longman - Словарь современного английского языка. 2012