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Từ vựng:

fine and recovery procedure

Giải nghĩa:

/faɪn ænd rɪˈkʌvəri prəˈsiːdʒər/ – Phrase


Definition: thủ tục phạt.

A more thorough explanation: Fine: A sum of money imposed as a penalty for an offense or violation of a law or regulation.

Recovery Procedure: The legal process by which a person or entity seeks to recover damages or compensation for harm or losses suffered, typically through a lawsuit or other legal action.

Example: In accordance with the terms of the contract, the fine and recovery procedure for late payment of invoices shall be as follows: a late fee of 1% per day shall be imposed on any outstanding balance, and if payment is not received within 30 days, the creditor reserves the right to pursue legal action for recovery of the debt.

 

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