You don't get penalized for passing, so don't worry about losing money.
Companies that emit more than their allocated allowance will be penalized.
There is .an enormous mass of so-called crime in England which is not crime at all, and still is perpetually penalized by an infliction of imprisonment for such short periods as to be perfectly futile.
By default, gaps placed at the very ends of sequences in global alignments are not penalized at all.
That's generally the time in which travelers can cancel existing reservations without being penalized, and the time when cruise lines know how many cabins they have left to fill.