Overcharge


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Overcharge

To assess a buyer too much for a product. For example, one may sell a cheap television worth $200 for $500. Because pricing is somewhat subjective, it can be difficult to determine when someone has been overcharged.
References in periodicals archive ?
To recover overcharges, insurers may file an independent lawsuit, join a class-action suit or join a group of "opt-out" insurers.
This comes four years after the disclosure of widespread overcharges by thrifts holding such mortgages.
Thus, there could be a difference of hundreds of millions of dollars between how much it did overcharge, and how much it might have overcharged.
The National Motor Freight Classification (NMFC) includes a sample overcharge claim form titled, "Standard Form for Presentation of Overcharge Claim.
There could be as much as pounds 4billion in overcharges owed by banks to business customers," he said.
Since April 2003, overcharge notices have been placed in store windows at more than 200 locations.
Pursuant to a 1997 enactment, the New York State Legislature amended the Rent Stabilization Law to provide that "no determination of an overcharge and no award or calculation of an award of the amount of an overcharge" could be based upon an overcharge having occurred more than four years before the complaint is filed.
6 million plus interest for breaches of its energy delivery planning obligations and for overcharges to electricity ratepayers.
When an overcharge is $1 or less, the violation is considered an infraction punishable by a maximum fine of $100.
On March 21, DHCR began a new overcharge procedure using a new overcharge complaint form, while the old form is still being used for ETPA and rent control cases.
LAHORE -- Transporters will not be allowed to overcharge from passengers.
menu, select ``Buyer Beware Program: Latest Scanner Overcharge Information'' to go to the ``Attention Consumer Notices'' Web page.