askvity

What is the difference between fine and composition?

Published in Legal Terms 2 mins read

In the context of compounding, the fine is the financial penalty paid, while composition is the legal agreement reached to avoid prosecution.

Based on the provided reference, let's break down these terms:

Understanding the Context: Compounding

The reference describes a legal procedure called compounding. This process allows a criminal or delinquent individual to avoid being prosecuted in a court of law.

The Role of Payment: The Fine

To avoid prosecution through compounding, the individual must make a payment to the authorities. This payment is explicitly referred to as a "financial penalty or fine" in the reference. So, the fine is the monetary amount paid.

The Nature of the Agreement: The Composition

The reference states, "The agreement so reached is termed a composition." This means that composition is the formal agreement itself – the understanding between the individual and the authorities where the fine is exchanged for the avoidance of prosecution.

Key Differences Summarized

Here’s a simple comparison based on the reference:

Term What it Is Role in Compounding
Fine A financial penalty or payment The amount paid to the authorities
Composition The legal agreement reached in compounding The agreement where the fine is exchanged for avoiding prosecution

In essence, the fine is the payment, and the composition is the deal or agreement that incorporates that payment as a condition for avoiding legal proceedings.

Related Articles