Death is the penalty imposed. --Milton.
2. The suffering, or the sum to be forfeited, to which a
person subjects himself by covenant or agreement, in case
of nonfulfillment of stipulations; forfeiture; fine.
The penalty and forfeit of my bond. --Shak.
3. A handicap. [Sporting Cant]
Note: The term penalty is in law mostly applied to a
pecuniary punishment.
{Bill of pains and penalties}. See under {Bill}.
{On}, or {Under}, {penalty of}, on pain of; with exposure to
the penalty of, in case of transgression.