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compensation for fine

 

Definitions from the Web

Compensation for Fine

Noun (Legal):

Compensation for fine refers to the monetary amount paid by an individual or organization as a penalty for an offense or violation of the law.

Example sentence:

Upon pleading guilty to the charges, the defendant was ordered to pay a compensation for fine of $10,000.

Noun (Financial):

Compensation for fine can also refer to a financial provision set aside to cover potential fines or penalties.

Example sentence:

The company allocated a substantial amount of its profits as compensation for fine to account for any possible regulatory breaches.

Related Products:

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