An obligation or duty upon an individual to incur the losses of another.
The right of an injured party to shift the loss onto the party responsible for the loss.
Security from damage, loss, or penalty.
A principle of insurance which provides that when a loss occurs, the insured should be restored to the approximate financial condition occupied before the loss occurred, no better, no worse.
Repayment; compensation for loss or injury.
A punishment for violating rules of procedure.
A punishment for an infraction of the rules, often in the form of being removed from play for a specified amount of time.
A legal sentence.
A direct free kick from the penalty spot, taken after a defensive foul in the penalty box; a penalty kick.
A payment forfeited for an early withdrawal from an account or an investment.
A disadvantageous consequence of a previous event.