service charge

  

Definitions (3)

1.Bank fee charged for specific services or as a penalty for not meeting certain criteria.
2.Percentage of a hotel bill (as much as 10 to 20 percent) added to the total bill, often in lieu of tipping.
3.Amount paid by tenants for general cleaning and maintenance of the building occupied by them.

Use service charge in a sentence

  • When closing his savings account, Bill had to pay a service charge because of the short notice in which he was withdrawing his funds.

    2 people found this helpful
  • John was furious when he read his hotel receipts and discovered a hidden service charge he did not agree to when initiating the room contract,

    11 people found this helpful
  • The service charge was unable to be reversed as the agent said the fee was agreed to by our manager.

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

Related Videos




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

Have a question about service charge? Ask for help in the
Community
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