penalty fee
Late payment cost
A penalty fee is a charge imposed for violating terms or failing to meet an obligation—late payments, early contract termination, overdrafts, or bounced checks.
The fee punishes the violation and discourages repeat offenses: The credit card company hit me with a $35 penalty fee for missing the due date.
Often shortened to just penalty.
- fineAcceptable in quality
- chargeCost or accusation
- surchargeExtra fee added
- service chargeFee for being served
- lateNot on time
late payment · overdue · past due · interest · invoice · pay up · violation · ticket · parking · overdraft · bank · bank account · credit card · collection · delinquent · debt · punishment · consequence
- feesservice charge, service charges, monthly dues, annual dues, membership dues
- finestraffic fines, parking fine, parking fines, speeding fine, speeding fines
- penaltiesfine, infractions, violations, fouls, foul
- reservationsreservation, booking, hotel reservation, room reservation, table reservation
- bank complaintsfraud claim, account freeze, bounced check, billing error, unauthorized charge
- bank feesservice charge
payment obligation
penalty feerefund
Money returned after purchase
reimbursement · credit · payment · rebate · dividend
penalty, fee, penalties, penal, penalize, penalized, penalizing, penalization, fees