The repercussions of the raid on Axe Capital ripple outward. Axe is spoiling for a fight, and plans a scorched-earth defense against this very public attack on his company-threatening his ...
Search Legal Terms and Definitions. sanction. n. 1) a financial penalty imposed by a judge on a party or attorney for violation of a court rule, for receiving a special waiver of a rule, or as a fine for contempt of court. If a fine, the sanction may be paid to the court or to the opposing party to compensate the other side for inconvenience or added legal work due to the rule violation.
Definition of sanction for English Language Learners. : an action that is taken or an order that is given to force a country to obey international laws by limiting or stopping trade with that country, by not allowing economic aid for that country, etc. sanction.