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Meaning of 违约金

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wéi yuē jīn (Trad.: 違約金)
penalty (fee)
Example Sentences
1
The contract says nothing about the penalty you claimed.
2
a. If it does not provide the leased property at the time stipulated in the contract, it shall pay breach of contract damages.
3
Where the worker is in violation of the stipulation on limitation of competition, he shall pay a penalty for breach of contract to the employer.
4
The penalty for breach of contract that the worker pays as required by the employer shall be no more than the training expenses caused in the service period unperformed.
5
30
%
In addition to the money he had already paid for the cranes, Mouazzen owes his Iranian customers a 30 percent contractual penalty for the incorrect shipment.