Meaning of “overage charge” in the English Dictionary

business-english dictionary

"overage charge" in Business English

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overage chargenoun [ C, usually plural ]

uk us

COMMERCE an extra amount of money that you have to pay for using more of something than was expected or agreed:

With overage charges, she has had cell phone bills of $140 a month.
If energy costs increase, tenants have to pay overage charges to cover the difference between the current rate and the rate when they signed their lease.

(Definition of “overage charge” from the Cambridge Business English Dictionary © Cambridge University Press)