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English definition of “sting”

sting

verb [T]     /stɪŋ/ informal
to charge someone a large amount of money for something, especially when this is unfair: sting sb for sth The bank stung me for €50 in charges.
to cause someone to lose money: We have been stung by rising interest rates.
(Definition of sting verb from the Cambridge Business English Dictionary © Cambridge University Press)
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