Penal Sum

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Legal Definition and Related Resources of Penal sum

Meaning of Penal sum

A sum payable as a penalty. Usually applied to the sum fixed by a bond to be paid on breach of its condition.


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This definition of Penal Sum is based on the The Cyclopedic Law Dictionary . This entry needs to be proofread.

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(2013, 04). Penal Sum Retrieved 10, 2015, from
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"Penal Sum" 04, 2013. Accesed 10 2015.
Encyclopedic, 'Penal Sum' ( 2013) <> accesed 2015 October 4

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Schema Summary

  • Article Name: Penal Sum
  • Author: Encyclopedic
  • Description: A sum payable as a penalty. Usually applied to the sum fixed by a bond to be paid on breach of its condition. ...

This entry was last modified: April 22, 2013

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