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Wiktionary
pay the price

vb. To incur the negative consequences of one's decision.

Usage examples of "pay the price".

But I didn't much like the idea of his being so sad, for it gives me the impression that my chances are not so good and that I am going to pay the price for his son.

His country was always taken by surprise, because for whatever reason her political leaders didn't ever see war coming, and because of that soldiers had to pay the price.