Chinese phrase
违约金为〜 wéi yuē jīn wèi 〜
Meaning
The contractual penalty shall be ___
When to use it
States the contractual penalty set for a breach of contract. It is used in formal contracts to specify the amount or calculation method, often followed by a sum, rate, or limit.
Example dialogue
违约金为每日500元，最高不超过合同总额的20%。 wéi yuē jīn wèi měi rì 500 yuán zuì gāo bù chāo guò hé tóng zǒng é de 20
The contractual penalty shall be 500 yuan per day, with a maximum of 20% of the total contract value.
明白，我会把这写进最终版本。 míng bái wǒ huì bǎ zhè xiě jìn zuì zhōng bán běn
Understood. I will include this in the final version.