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 ?
Instead of saying sorry to Ronnie - who'd understandably been rude to staff after twice being overcharged - the big, brave manager called five burly lads from the shop floor into his office and ordered them to stand guard while forcing Mr Helsby to sign a form saying he'd never darken their doors again.
Retired builder Ronnie Helsby, 67, complained after his local branch overcharged him pounds 45 for pounds 235 worth of wood.
WorkComp, after an audit of past records last fall, found that Melody had been overcharged by $138,707 on its workers compensation premiums just in the past two years.
said Wednesday it had overcharged 179 individual or corporate customers by some 1.
NTT) said Wednesday they overcharged ''Myline'' service subscribers some 4 million yen by failing to apply promised discounts.
But a few months ago, we thought we were being overcharged because we always seemed to be putting pounds 1 coins in.
Harney said prosecution was a matter for the consumer affairs director Carmel Foley but added it would be a very serious matter if the sum overcharged was as large as IR 33m [pounds sterling], or IR 500,000 [pounds sterling] a week "which is more than the turnover of many in the retail trade nationally".
This increases the potential for errors on taxpayers' accounts that can result in overcharged deficiency interest.
said Thursday it will return the money it overcharged the Defense Agency and the National Space Development Agency of Japan (NASDA) through false procurement contracts.
by mortgagors who claim to have been overcharged on their adjustable-rate loans.
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.
However, one way to ensure that a battery is never overcharged and also keep it maintained in optimum condition is to invest in a smart battery charger which can recognise when a battery has reached optimum charge levels and stop charging to avoid any problems.