- service charge
An amount paid by a tenant to his landlord at a rate set by the lease to compensate the landlord for the cost of carrying out specified services in relation to a property, such as maintenance, repairs, security and so forth.
Easyform Glossary of Law Terms. — UK law terms.
- service charge
An amount payable in respect of repairs, maintenance and services.Service charges are usually found in leases, where tenants agree to pay the landlord or a management company for the cost of services provided.Occasionally, service charges appear in other contexts, for example, where a freeholder of a property on a private estate must contribute towards the cost of maintaining the grounds and the access road.Related links
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
Look at other dictionaries:
service charge — service .charge n 1.) BrE an amount of money that is added to a bill in a restaurant as an extra charge for the service of the waiters 2.) BrE an amount of money paid to the owner of a block of ↑flats for services such as cleaning the stairs 3.)… … Dictionary of contemporary English
service charge — ► NOUN 1) a charge added to a bill for service in a restaurant. 2) a charge made for banking or other services … English terms dictionary
service charge — service charges N COUNT A service charge is an amount that is added to your bill in a restaurant to pay for the work of the person who comes and serves you. Most restaurants add a 10 per cent service charge to the bill … English dictionary
service charge — service ,charge noun count 1. ) an amount of money that a company adds to the cost of something in order to be paid for their services: There s a $1 service charge for using another bank s cash machine. a ) MAINLY BRITISH an amount of money added … Usage of the words and phrases in modern English
service charge — n. a fee charged for a service, often in addition to a basic fee … English World dictionary
service charge — A component of some finance charges, such as the fee for triggering an overdraft checking account into use. Bloomberg Financial Dictionary * * * service charge service charge ➔ charge1 * * * service charge UK US noun [C] ► COMMERCE an amount of… … Financial and business terms
service charge — UK / US noun [countable] Word forms service charge : singular service charge plural service charges 1) a) an amount of money that a company adds to the cost of something in order to be paid for their services There s a £1 service charge for using … English dictionary
service charge — 1. Fin a fee for any service provided, or additional fee for any enhancements to an existing service. For example, banks may charge a fee for obtaining foreign currency for customers. Residents in apartment buildings may pay an annual maintenance … The ultimate business dictionary
service charge — That charge assessed by bank against the expense of maintaining a customer s demand deposit or checking account, and is calculated on basis of a formula whereby bank s cost of maintaining account for customer is determined. U. S. v. First Nat.… … Black's law dictionary
service charge — pilnasis šaunamasis užtaisas statusas T sritis Gynyba apibrėžtis Kovinis užtaisas, naudojamas, kai reikia šaudyti didžiausiu nuotoliu ir lėkštąja trajektorija (tiesioginiu taikymu). Pilnasis šaunamasis užtaisas gali būti nuolatinis ir kintamasis … Artilerijos terminų žodynas