1. (n.) Punishment for crime or offense\; the suffering in person or property which is annexed by law or judicial decision to the commission of a crime, offense, or trespass.

2. (n.) The suffering, or the sum to be forfeited, to which a person subjects himself by covenant or agreement, in case of nonfulfillment of stipulations; forfeiture; fine.

3. (n.) A handicap.

abatement acquittal agio allowance amercement bank discount breakage burden burthen cargo cash discount castigation chain discount charge charge-off chastening chastisement concession condemnation condign punishment correction cross cumbrance cut deadweight decision deduction depreciation deserts difficulty disadvantage disciplinary measures discipline discount drawback embarrassment encumbrance ferule fine forfeit freight hamper handicap impediment impedimenta imposition imprisonment incarceration inconvenience infliction judgment judicial punishment kickback landmark decision load lumber mulct nemesis onus pack pains pains and punishments pay payment penal retribution penalty clause penance penology percentage premium price price reduction price-cut punishment punition rebate rebatement reduction refund retribution retributive justice rollback salvage scourge sentence setoff tare time discount trade discount tret trouble underselling verdict weight well-deserved punishment what-for white elephant write-off