Usually means: Financial consequence for contract breach.
Definitions Related words Mentions
We found 13 dictionaries that define the word penalty clause:

General (5 matching dictionaries)
  1. penalty clause: Longman Dictionary of Contemporary English
  2. penalty clause: Collins English Dictionary
  3. penalty clause: Dictionary.com
  4. Penalty clause: Wikipedia, the Free Encyclopedia
  5. penalty clause: TheFreeDictionary.com

Business (7 matching dictionaries)
  1. penalty clause: Merriam-Webster Legal Dictionary
  2. MoneyGlossary.com (No longer online)
  3. Everybody's Legal Dictionary (No longer online)
  4. Glossary of Legal Terms (No longer online)
  5. Construction Term Glossary (No longer online)
  6. Penalty clause: Financial dictionary
  7. BusinessDictionary.com (No longer online)

Tech (1 matching dictionary)
  1. Penalty clause: Construction Glossary


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