Late Fee


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Late Fee

An extra charge assessed on a person or organization if a payment is made after a stated date. For example, if the electric bill is due on the 12th and one pays it on the 15th, a late fee may be added. A late fee may be a flat amount or a percentage of what is owed.
References in periodicals archive ?
Candidates can submit the examination forms with late fee of Rs.
According to MQM Rabita Committee, Matriculation Board announced the schedule of late fee without deeming the problems of students and school administration and stated that people have made educational boards as a source of income by working irresponsibly.
Regional Minister, Lilyana Pavlova, and Deputy PM and Finance Minister, Simeon Djankov were assigned to negotiate the reduction of the late fee.
Twenty-two states have laws governing rules for late fees charged to residents for rent.
Responding to the argument that the Form 3115 filed by Capital One included the late fee revenue, the court found that the 3115 filing was insufficient to include the late fees in the change in accounting method.
No blanket late fee across the country will be imposed on expatriates registering for ID card along with visa renewal from January 1, 2012, Dr Ali Al Khoury, Director General of Emirates Identity Authority (Emirates ID) told Gulf News.
The application of late fee for expatriates (above 15 years) will be implemented in four phases as follows:
The BoD's sub-committee met ISD parents and School Management Committee (SMC) representatives last Thursday, and has prepared a report on the late fee fine issue.
Since many customers don't have the time to challenge each $6 late fee, Comcast was able to overcharge millions of dollars in late fees from Oregonians over the span of the last seven years - accusations regarding the overcharges were first brought to their attention in 2004.
But you get to a point of where you can only charge so much for a storage space or a late fee.
com), the leading online publisher of information regarding debit, smart, prepaid, loyalty, phone, and credit cards, the average late fee on a credit card is $29.
From an Associated Press story in The Boston Globe datelined Reno, Nevada: "Robert Challender of Reno expected to be hit with a late fee when he showed up a month late to register his 1978 Datsun.