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late feean additional charge imposed for paying a bill or returning something after the due date

Part of speech: NOUN

Definition: an additional charge imposed for paying a bill or returning something after the due date

Pronunciation (IPA): /leɪt fiː/

Korean meaning: 지불 기한이나 반납 기한을 넘겼을 때 부과되는 추가 요금

Korean pronunciation: 레**이**트 **피**

Example Sentences

  • Netflix started charging a late fee when my roommate forgot to pay for three months straight.
  • The university's late fee for tuition payment is so expensive, you could buy a small car with it.
  • Banks often impose late fees on credit card payments that arrive after the due date.

late fee

NOUN

//leɪt fiː//

an additional charge imposed for paying a bill or returning something after the due date

late fee concept
💡 Concept

He forgot the deadline and now has to pay a hefty late fee at the library counter.

🎤Pronunciation

🇺🇸 US/leɪt fiː/
🇬🇧 UK/leɪt fiː/

🌳Etymology

Rootlate + fee

Origin

'late'는 고대 영어 'læt(늦은)'에서, 'fee'는 고대 프랑스어 'feu(봉토)'에서 유래하여 현대에는 지불해야 할 요금의 의미로 발전했습니다.

🎵Rhyme

debate feecreate spreerelate key
debate fee
create spree
relate key

🔗Collocations

pay a late fee
incur late fees
waive the late fee
hefty late fee
avoid late fees
late fee policy

📝Examples

😄 Fun example

Netflix started charging a late fee when my roommate forgot to pay for three months straight.

😄 Fun example

The university's late fee for tuition payment is so expensive, you could buy a small car with it.

Banks often impose late fees on credit card payments that arrive after the due date.

She set up automatic payments to avoid any late fees on her monthly bills.

📚Related Words

Synonyms

penalty chargeoverdue feelate payment chargedelinquency fee

Antonyms

early payment discounton-time payment

Related

interest ratepenaltyoverduepayment deadlinefine

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