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违约罚款 meaning in English

liquidated damages
penalty for nonperformance of contract

Examples

  1. If party b fails to finish the work on schedule due to its own reason , he shall pay the other party the penalty at 1 of the total value of per work day , that is usd one thousand two hundred and sixty dollars only
    例1 :如果乙方因自身原因而未准时完工,乙方应付违约罚款,每天按总价的千分之一计算,即一千二百六十美元整。

Related Words

  1. 违约
  2. 先行违约
  3. 违约点
  4. 预期违约
  5. 违约率
  6. 违约者
  7. 违约风险
  8. 违约一方
  9. 控告违约
  10. 根本上违约
  11. 违约罚金,未履行合同罚金
  12. 违约罚金条款
  13. 违约方
  14. 违约风险
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