Punishment

Civil Penalty
A civil penalty is a fine or money damages imposed by a government authority as punishment for certain activities, serving as a criminal sanction. It differs from civil remedies, which aim to redress wrongs between private parties.
Culpable
Culpable means deserving of moral blame or punishment; at fault. One is considered culpable when they have acted with indifference to consequences and to the rights of others.

Accounting Terms Lexicon

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