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Charge card |
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Charge cardA plastic payment card enabling the holder to obtain goods and services without the requirement to pay cash. Accounts are normally submitted to the card holder monthly and must be settled in full. In addition to obtaining goods, the charge card can be used to obtain cash. Examples of charge cards are American Express, Diners Club and a number of gold cards.Similar MatchesLate chargeLate chargeA fee a lender imposes on a borrower when the borrower does not make a payment on time. Chargeable event certificateChargeable event certificateA certificate issued on the occurrence of a chargeable event. Details listed include the amount of the gain, number of years over which the gain has occurred, the date the transaction took place and that the certificate should be sent to the Tax Office to establish if a higher rate tax liability exists. Proceeds are free from basic rate tax liability. Sales chargeSales chargeA brokerage fee charged to a buyer of shares in a mutual fund. The charge is deducted prior to the balance being invested in the fund. Prior chargesPrior chargesThe fixed liabilities of an investment trust including loan capital and usually preference shares. The subtraction of these charges from total assets gives the net asset value of the trust. Prior charges may be expressed either at par value or current market value. Charge offCharge offSee: Bad debt Further SuggestionsUnpaid ground rent chargemanagement charges Carrying charge Import surcharge Sales charge exit charge First charge Deferred charge Carrying Charges chargeable gain Late charge Contingent deferred sales charge (CDSC) carrying charges Discharge fee chargeable transfer Late Charge late charge initial charge Finance Charge Bankruptcy charge Redemption charge Charge certificate Discharge Noncash charge Discharge of lien |
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