finance charge

finance charge
n.
A fee charged for the extension of credit and the deferral of payment of a loan.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


finance charge
The amount owed to a lender by a purchaser-debtor to be allowed to pay for goods purchased over a series of installments, as opposed to one lump sum at the time of the sale or billing.

Dictionary from West's Encyclopedia of American Law. 2005.


finance charge
The amount owed to a lender by a purchaser-debtor to be allowed to pay for goods purchased over a series of installments, as opposed to one lump sum at the time of the sale or billing.

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

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Look at other dictionaries:

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  • finance charge — The consideration for privilege of deferring payments of purchase price. The amount however denominated or expressed which the retail buyer contracts to pay or pays for the privilege of purchasing goods or services to be paid for by the buyer in… …   Black's law dictionary

  • finance charge — The consideration for privilege of deferring payments of purchase price. The amount however denominated or expressed which the retail buyer contracts to pay or pays for the privilege of purchasing goods or services to be paid for by the buyer in… …   Black's law dictionary

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  • finance charge — / faɪnæns tʃɑ:dʒ/ noun 1. the cost of borrowing money 2. an additional charge made to a customer who asks for extended credit …   Dictionary of banking and finance

  • finance charge — interest or a fee charged for borrowing money or buying on credit. * * * …   Universalium

  • finance charge — interest or a fee charged for borrowing money or buying on credit …   Useful english dictionary

  • Charge — or charged may refer to: Charge (basketball), illegal contact by pushing or moving into another player s torso Charge (fanfare), a six note trumpet or bugle piece denoting the call to rush forward Charge (heraldry), any object depicted on a… …   Wikipedia

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