What do a.m. and p.m. stand for?

finance charge

interest or a fee charged for borrowing money or buying on credit. Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
Cite This Source
Examples from the web for finance charge
  • The finance charge is the cost of consumer credit as a dollar amount.
  • It addresses new tolerances for accuracy in disclosing the amount of the finance charge and other affected cost disclosures.
  • The cost of the plan must be properly disclosed and be optional or the cost must be included in the finance charge.
  • Also, ask about additional fees such as credit checks and the finance charge, which is the total cost of the loan.
  • That's the rate the issuer applies to your outstanding balance to figure the finance charge for each billing period.
  • The amount of any finance charge debited or added to the account during the billing cycle, using the term finance charge.
  • The prepaid finance charge should only include that amount which the consumer actually paid at closing.

Word of the Day

Difficulty index for finance charge

Few English speakers likely know this word

Word Value for finance

Scrabble Words With Friends