Also means
to penalize
Usage Note
Penalizar means to impose a penalty or disadvantage on someone, used in sports, law, and economics: penalizar una falta ('to penalise a foul'), penalizar el ahorro ('to penalise saving'). The related noun is penalización. Do not confuse with penar (to suffer or to punish) or sancionar (to sanction).
Examples
"La nueva norma penaliza el exceso de velocidad."
Natural Translation
The new rule penalises speeding.

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