© 2015 Shmoop University, Inc. All rights reserved.

Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Punitive Orders


Punitive' also means 'punishment,' so you can see where this is going. An administrator can issue punitive orders such as cease & desist, denial, suspension, or revocation of an agent's license, which all come from violations of securities regulations.