finance charges



Total cost of borrowing, including interest charges, commitment fees, and other charges paid by the borrower for availing the loan facility. See also cost of capital.

Use finance charges in a sentence

  • I wondered if there would be any finance charges, so I decided to consult with my friend who had a degree in that area.

    10 people found this helpful
  • You need to understand how the finance charges will add up when you are thinking about taking out a loan.

    7 people found this helpful
  • Because of the high finance charges, I had to let go of my financial advising firm; instead, I bought the book "Capital Cost for Dummies."

    3 people found this helpful
Show more usage examples...

Related Videos

Have a question about finance charges? Ask for help in the
Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z