service charge - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “service charge”

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service charge

noun [C]
 
 
COMMERCE an amount of money added to the basic price of something to pay for the cost of dealing with the customer: A $10.00 service charge will be deducted from the sale proceeds. A service charge of 17% is usually added to your bill.
[usually plural] BANKING an amount of money that a customer pays to a bank for its services: Service charges on consumer and commercial accounts accounted for 35% of the bank's revenue.
UK PROPERTY an amount of money paid to the owner of an apartment or office building for services such as cleaning and repairs: Thousands of leaseholders have been waiting for the chance to contest high service charges. If you live in a flat and pay a service charge, your buildings insurance should be included in this cost.
Translations of “service charge”
in Chinese (Traditional) 服務費…
in Russian доплата за обслуживание (в ресторане)…
in Turkish servis ücreti…
in Chinese (Simplified) 服务费…
in Polish dodatek za obsługę…
(Definition of service charge from the Cambridge Business English Dictionary © Cambridge University Press)
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