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Late charge

The financial definition for Late charge:

A fee a credit grantor charges a borrower for a late payment.




Similar Matches

Carrying charge

Carrying charge
The fee a broker charges for carrying securities on credit, such as on a margin account.


Charge off

Charge off
See: Bad debt


Contingent deferred sales charge (CDSC)

Contingent deferred sales charge (CDSC)
The formal name for the load of a back-end load fund.


Further Suggestions

Deferred charge
Discharge of lien
Finance charge
Noncash charge
Redemption charge
Sales charge
Service charge


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Late charge
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