What does PENALTY stand for?

What does PENALTY mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: PENALTY.

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What does PENALTY mean?

punishment, penalty, penalization, penalisation(noun)
the act of punishing

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"PENALTY." Abbreviations.com. STANDS4 LLC, 2016. Web. 6 Feb. 2016. <http://www.abbreviations.com/PENALTY>.