noun

• A legal sentence.
• A punishment for violating rules of procedure.
• (finance) A payment forfeited for an early withdrawal from an account or an investment.
• In sports
• (soccer) A direct free kick from the penalty spot, taken after a defensive foul in the penalty box; a penalty kick.
• (ice hockey) A punishment for an infraction of the rules, often in the form of being removed from play for a specified amount of time.
• A disadvantageous consequence of a previous event.