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carrying charge


from The American Heritage® Dictionary of the English Language, 4th Edition

  • n. The interest charged on the balance owed when paying in installments.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • n. the opportunity cost of unproductive assets; the expense incurred by ownership
  • n. charge made for carrying an account or for merchandise sold on an installment plan


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