The phrase "record fine" refers to a very large amount of money that is ordered by a court or regulatory agency as a punishment for breaking the law or rules. Full definition
The south west London club have confirmed losses of # 65.4 m meaning that, under Football League Financial Fair Play rules, they face record fine of up to # 47m if they do return to Premier league this summer. (claretandhugh.info)
If the company withheld information, which would be a deceptive act, the company could face record fines for violating its promises to the agency. (nytimes.com)
China: Beijing is imposing record fines on the nation's banks. (dailyshotbrief.com)