Penalize (verb)

1. Impose a penalty on (someone) as a punishment for an offence.
2. To subject to a penalty or punishment.

Origin:

Early 18th century: from french pénaliser, from pénal "penal".

Examples:

1. He was penalized for breaking the rules.
2. The team was penalized for unsportsmanlike conduct.
3. The company was penalized for violation of environmental regulations.
4. The driver was penalized for speeding.
5. The students were penalized for arriving late to class.