Money extracted to penalize wrongdoers and deter others from similar acts is most accurately termed:

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Punitive damages are specifically designed to punish wrongdoers for their behavior and deter others from similar acts. These damages are intended to be above and beyond compensatory damages, which are meant to compensate the victim for their losses. Pecuniary damages refer specifically to financial losses, and fiscal relief is a more general term that can refer to any type of financial aid or assistance.

Money Extracted to Penalize Wrongdoers and Deter Others from Similar