You can withdraw money from the account at any time without penalty.

您可以随时从账户中提款，不收罚金。

《牛津词典》

This money should be liquid: easily accessible without penalty.

这部分金钱应当为活期：可以方便取出而不至于受到处罚。

youdao

Any prepayment under this Agreement shall be made together with accrued interest on the amount prepaid without penalty.

本协议项下的任何提前还款必须连同该提前还款应计利息一起支付，不包含罚款。

youdao

Becoming treasury secretary, however, allows Mr Paulson to sell his shares without penalty or embarrassment.

ECONOMIST: Why it pays to become America's treasury secretary

Previously, the best teams could outspend the worst ones on amateur talent without penalty.

WSJ: The Houston Astros School of Economics

Do you think air travelers should be limited to buying a single short-haul flight per year without penalty?

FORBES: Green Greens versus Red Greens