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overcharging

 
 
/ˌəʊvəˈtʃɑːdʒɪŋ/ noun [U]

Definition

FINANCE, COMMERCE the practice of asking someone to pay more than the real price or value of a product or service: We have just released a report on overcharging by High Street banks.
(Definition of overcharging noun from the Cambridge Business English Dictionary © Cambridge University Press)

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