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carrying charge

noun
1.
a charge made for carrying an account, usually computed as a percentage of the principal owed.
2.
cost incurred while an asset is unproductive.
Origin
1890-1895
1890-95, Americanism
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for carrying charge
  • The final component of the overall pole attachment formula is the carrying charge rate.
  • It is a carrying charge market when there are higher futures prices for each successive contract maturity.
  • No interest or carrying charge shall be charged in connection with any debt incurred for county hospital care.
  • The monthly carrying charge of subsidized tenants is determined by their income and household composition.
British Dictionary definitions for carrying charge

carrying charge

noun
1.
the opportunity cost of unproductive assets, such as goods stored in a warehouse
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Idioms and Phrases with carrying charge

carrying charge

.
Interest charged on the balance owed when paying on an installment plan, as in What is the carrying charge for this credit card? The term denotes the amount charged for carrying the remaining debt. [ Late 1800s ]
.
The cost incurred when an asset is unproductive, as when aircraft are grounded during a strike, real estate cannot be developed owing to zoning laws, or similar circumstances. For example, The carrying charge for owning this building may send us into bankruptcy.
The American Heritage® Idioms Dictionary
Copyright © 2002, 2001, 1995 by Houghton Mifflin Company. Published by Houghton Mifflin Company.
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Word Value for carrying

14
16
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