Meaning LATE CHARGE: A fee a credit grantor charges a borrower for a late payment
More terms such as Late charge in Dictionary L.
- Definition Limited Warranty:
- Examples A warranty with certain conditions and limitations on the parts covered, type of damage covered, and/or time period for which the agreement is good late charge definition.
- Definition Locked Market:
- Examples if the bid price equals the ask price. This can occur, for example, if the market is brokered and one side pays brokerage only, in over-the-counter trading the initiator of the transaction. Highly late charge explain.
- Definition Liability Swap:
- Examples An interest rate swap used to alter the cash flow characteristics of an institution's liabilities so as to provide a better match with its assets late charge what is.
- Definition Leveraged Portfolio:
- Examples A portfolio that includes risky assets purchased with funds borrowed late charge meaning.
- Definition Limited-Liability Instrument:
- Examples A security, such as a call option, in which the owner can lose only the initial investment late charge abbreviation.
