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Chinese to English translations [PRO] Marketing - Advertising / Public Relations | | Chinese term or phrase: 违约金 | | 如题 |
|  Sunny XiaKudoZ activityQuestions: 740 (none open) ( 5 closed without grading) Answers: 26
| | Local time: 19:20
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| | default fine | Explanation: default fine or penalty for breach of contract
-------------------------------------------------- Note added at 1 day44 mins (2007-07-08 01:35:54 GMT) --------------------------------------------------
Default: failure to do something required by duty or law
So, the default fine is a fine imposed on someone who fails to fulfill something required by duty or law (e.g. the obligations imposed on him/her as set forth in contracts or agreements). |
| Selected response from:
Shirley Lao Local time: 19:20
| Grading comment Thanks 4 KudoZ points were awarded for this answer |
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