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Legal Dictionary

surcharge

Definition of surcharge

Pronunciation

Noun

surcharge (plural surcharges)

  1. An addition of extra charge on the agreed or stated price.

    Our airline tickets cost twenty dollars more than we expected because we had to pay a fuel surcharge.

  2. An excessive price charged e.g. from an unsuspecting customer.
  3. (philately) An overprint on a stamp that alters (usually raises) the original nominal value of the stamp; used especially in times of hyperinflation.
  4. (law) A charge that has been omitted from an account as payment of a credit to the charged party.
  5. (law) A penalty for failure to exercise common prudence and skill in the performance of a fiduciary's duties.

See also

Verb

to surcharge (third-person singular simple present surcharges, present participle surcharging, simple past and past participle surcharged)

  1. To apply a surcharge.

Antonyms

  • discount

References:

  1. Wiktionary. Published under the Creative Commons Attribution/Share-Alike License.



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