© 2014 Shmoop University, Inc. All rights reserved.
 

Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Non-punitive Orders

Definition:

These are orders issued by a state administrator that are not related to any crimes, and are not considered punishment. There are two non-punitive orders: withdrawal and cancellation. If an agent wants to withdraw their license, or cancel it, the administrator can allow them to do so under a non-punitive order.

Advertisement
back to top