service charge

An additional charge for a service for which there is already a basic fee. Also called service fee.

Money paid to an advertising agency by an advertiser. In most cases, the agency is paid a retainer for general services. Any services beyond those are compensated at special rates.

Money paid to an advertising agency by an advertiser. In most cases, the agency is paid a retainer for general services. Any services beyond those are compensated at special rates.

Bank charge to a customer's account, as when an account balance falls below a certain Minimum Balance, a check is returned for insufficient funds, or for servicing an account. Bank fees are meant to cover the cost of maintaining a depositor's account, or performing a specific service requested by a customer. Banks also impose service fees for late payments on loans and credit card purchases above the cardholder's credit line. Other service charges include the annual charge for renting a safe deposit box and transaction fees for using an automated teller machine.

This entry is from Wikipedia, the leading user-contributed encyclopedia. It may not have been reviewed by professional editors (see full disclaimer)