What does a fine mean? We explain what fines mean and what different types of fines there are. Find the definition of all words with our dictionary!
A fine is a punishment that means that the convicted person must pay a sum of money. The most common types are monetary fines, which are a fixed amount, and daily fines, which are proportional to the taxed income.Day fines are set at a certain number depending on the seriousness of the offence and where the size of each daily fine depends on the financial situation of the fined person.Money fines are set at a certain lump sum, e.g. it applies to many traffic offences.
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