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.
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References in periodicals archive ?
Mr McErlean said his audit unit had reported a major overcharging scandal in 2001 and the Central Bank had been given a copy.
He said that special squads of City Traffic Police have been formed for conducting raids and checking the issue of overcharging.
And in May 2004, AIB admitted overcharging thousands of its customers on foreign exchange transactions for several years.
The public service vehicles found involved in overcharging, overloading and other severe violations would be issued challan slips and imposed heavy fines, he added.
The passengers should note the number of bus/wagon in case of overcharging, misbehaving and inform the authorities concerned, he said assuring that they would take stern action against the violators.
Up to 10 members of the bank's management had until November 8 to respond to the findings of a report into the overcharging. It is understood some have replied through their legal representatives.
Talking to Media he said said that no one would be allowed to fleece commuters, adding that public transport vehicles involved in overcharging would be impounded.
He told the Finance and Public Service Committee that one third of the overcharging on foreign exchange involved trans- actions of less than EUR10.
He surprisingly visited bicycle and motorcycle stands and found the contractor overcharging from the visitors on the pretext of fee.
LOWER DIR -- District Administration Tuesday arrested nine butchers and sent them to jail for overcharging in Timergara area.
RAWALPINDI -- Regional Transport Authority (RTA) Rawalpindi challaned 512 Public Service Vehicles (PSVs) and impounded 173 for overcharging, overloading and on other violations during last month.
Cork Circuit Court heard how during the two years of overcharging, Mr Murphy met three different managers in the bank at West Beach, Cobh.