Definitions for "LATE CHARGE"
An extra charge, or penalty added to a regular mortgage payment when the payment is made late by an amount of time specified in the original loan document.
A charge made by a lender against a borrower who fails to make loan installments when due. Back to the Top
A fee a credit grantor charges a borrower for a late payment.
Keywords:  launder, tape
Late tape Launder
Lendable funds Lender liability lawsuits
a liquidated damages provision of a contract and, as such, is subject to general common law and statutory provisions governing the enforceability of liquidated damages clauses
Keywords:  lease, option, support, purchase
Lateral Support Lease With Option To Purchase