Finance Charges

Finance Charge

The cost of obtaining financing, especially through debt. Often it refers to the interest one must pay, expressed as the annual percentage rate. See also: Cost of capital.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

Finance Charges

Amounts paid for the privilege of making purchases on a deferred-payment basis.
Copyright © 2008 H&R Block. All Rights Reserved. Reproduced with permission from H&R Block Glossary
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