A disciplinary layoff is a suspension or temporary removal of a worker as a penalty for violating work rules on the job. This form of layoff entails the suspension of all salary payments during the layoff period.
Money or other costs one will pay for breaking a law or violating part or all of the terms of a contract. Penalties are often imposed for prepaying a loan, failing to complete a contract sale, or breaking a lease; penalties are not tax deductible.
