Meaning of “overcharging” in the English Dictionary


"overcharging" in Business English

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overchargingnoun [ U ]

uk /ˌəʊvəˈtʃɑːdʒɪŋ/ us

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” from the Cambridge Business English Dictionary © Cambridge University Press)