Related Words

Charge Amount: The amount billed by a provider for services rendered to a participant.

Notional Principal Amount: In an interest rate swap, the predetermined dollar principal on which the exchanged interest payments are based.

Nonrecurring Charge: A one-time expense or credit shown in a company's financial statement.

Paid Amount: The exact amount issued on a bank draft to the provider of service.

Passenger Facility Charge (Pfc): An airport tax that is authorized by the us congress for upgrading and expanding local airport facilities charged per customer. Currently the tax must be between $3 and $12 on any single transaction.

Principal Amount: The face amount of debt; the amount borrowed or lent. Often called principal.

Port Charges: A charge levied of cruise lines by local government authorities. This charge is passed on to the cruise passenger. To present a fairer representation of cruise costs, 7 blue seas includes po . . . View Full Definition

Noncash Charge: A cost, such as depreciation, depletion, and amortization, that does not involve any cash outflow.

Minimum Finance Charge: A minimum finance charge is a fee collected by a credit card issuer each billing period. It applies when the actual finance charge you owe isn’t equal to or larger than this minimum. For exa . . . View Full Definition

Late Charge: A charge imposed by a lender to a borrower when the borrower fails to make payment on the due date.