Overall Liquidity Adequacy Rule and Penalty: Difference between pages
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Penalties are generally designed to punish, or discourage, particular behaviour (or omissions). | |||
In the finance context, penalties are usually money amounts. | |||
Examples include tax penalties, penalty charges for late payment of debts, and loss of interest for early withdrawal of a fixed time deposit. | |||
==See also== | |||
*[[Default surcharge]] | |||
*[[Payables management]] | |||
*[[Time deposit account]] | |||
* [[ | |||
* [[ | |||
* [[ | |||
Revision as of 16:24, 5 March 2018
Penalties are generally designed to punish, or discourage, particular behaviour (or omissions).
In the finance context, penalties are usually money amounts.
Examples include tax penalties, penalty charges for late payment of debts, and loss of interest for early withdrawal of a fixed time deposit.