late charge

Definition

The fee that is imposed by a lender when the borrower has not made a payment when it was due.

Related Videos




http://www.businessdictionary.com/definition/late-charge.html

Today's Top Bulls

72% Bullish
(36 Votes)
70% Bullish
(103 Votes)
69% Bullish
(26 Votes)
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