Fine

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A fine is money paid usually to superior authority, usually governmental authority, as punishment for a crime or other offense.

The most usual use of the term, fine, relates to a financial punishment for the commission of minor crimes or as the settlement of a claim. A synonym, typically used in civil law actions, is mulct.

One common example of a fine is money paid for violations of traffic laws. Currently in English Common Law relatively small fines are used either in place of or alongside community service orders for low-level criminal offenses. Larger fines are also given independently or alongside shorter prison sentences where the judge or magistrate considers a considerable amount of retribution is necessary but there is unlikely to be a significant danger to the public. For instance, fraud is often punished by very large fines since fraudsters are typically banned from the position or profession they abused to commit their crimes.

Fines can also be used as a form of tax. Money for bail may be applied toward a fine.

A day-fine is a fine that, above a minimum, is based on personal income.

More information is available at [ Wikipedia:Fine (penalty) ]
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