surcharge
IPA: sɝtʃˈɑrdʒ
noun
- An addition of extra charge on the agreed or stated price.
- The part of the price of a subsidized good or service that is not covered by the subsidy and so must be paid by the consumer.
- An excessive price charged e.g. to an unsuspecting customer.
- (philately) An overprint on a stamp that alters (usually raises) the original nominal value of the stamp; used especially in times of hyperinflation.
- (art) A painting in lighter enamel over a darker one that serves as the ground.
- (law) A charge that has been omitted from an account as payment of a credit to the charged party
- (law) A penalty for failure to exercise common prudence and skill in the performance of a fiduciary's duties.
- (obsolete) An excessive load or burden.
- (law, obsolete) The putting, by a commoner, of more animals on the common than he is entitled to.
verb
- To apply a surcharge.
- To overload; to overburden.
- (law) To overstock; especially, to put more cattle into (e.g. a common) than one has a right to do, or more than the herbage will sustain.
- To show an omission in (an account) for which credit ought to have been given.
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Examples of "surcharge" in Sentences
- "It is what I call the surcharge culture," he said.
- From what I can tell, the 3D surcharge is typically between $2-$4.
- The carbon surcharge is up for review by the Los Angeles City Council today.
- I can see the argument that the 2.5% surcharge is an income tax even though it is on realized risk rather than realized expense.
- During last year's governor's campaign, Quinn told his voters he wanted to raise the income tax from 3 percent to 4 percent, what he called a surcharge for education.
- Basel Committee Chairman Nout Wellink, who also heads the Dutch central bank, said a "systemic surcharge" is under consideration more broadly to make sure systemically important firms can absorb losses, though it remains unclear exactly which firms fit that category.
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