Meaning of “penalize” in the English Dictionary

"penalize" in American English

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penalizeverb [ T ]

us /ˈpi·nəlˌɑɪz, ˈpen·əl-/

to punish someone, esp. for breaking the law or a rule:

The new law penalizes the taxpayers who can least afford to pay.
Boone was penalized for unnecessary roughness and thrown out of the game.

(Definition of “penalize” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"penalize" in Business English

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penalizeverb [ T ]

uk /ˈpiːnəlaɪz/ us

to treat someone or something in a way that gives them a disadvantage:

The current tax system penalizes people on low incomes.
The stock was penalized because Wall Street believed the company's financials would come in below expectations.

LAW to punish someone for failing to obey a rule, law, etc.:

Several major cities are introducing measures that penalize big polluters.
penalize sb for sth The legislation penalized China for manipulating its currency to gain trade advantages.

(Definition of “penalize” from the Cambridge Business English Dictionary © Cambridge University Press)