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English definition of “sanction”

sanction

verb [T]     /ˈsæŋkʃən/
to formally give permission for something: sanction a bid/deal The directors would only sanction an €18 million bid . The government has sanctioned 20% income tax relief .
LAW to punish someone for not obeying a law or rule : sanction sb for (doing) sth The state is threatening to sanction employers for hiring illegal workers .
(Definition of sanction verb from the Cambridge Business English Dictionary © Cambridge University Press)
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