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LSDefine

Simple English definitions for legal terms

surcharge

Read a random definition: suit for exoneration

A quick definition of surcharge:

Surcharge: An extra amount of money that is added to a bill or payment because it was not paid on time or because something was left out. For example, if you don't pay your bill on time, you might have to pay a surcharge. In some cases, a court might order someone to pay a surcharge if they didn't do their job properly and caused harm to someone else.

A more thorough explanation:

Definition: A surcharge is an additional amount of money charged on top of a tax, fee, or cost. It may be added because the original amount was not paid on time or as a penalty for a mistake or violation.

For example, if you don't pay your credit card bill on time, you may be charged a surcharge on top of the amount you owe. This is a penalty for not paying on time. Another example is when you buy a plane ticket and there is a fuel surcharge added to the cost. This is an additional fee to cover the cost of fuel.

In legal terms, a surcharge can also refer to a court order for a fiduciary (someone who manages money for someone else) to pay extra money to repair damages caused by a breach of their duties. For instance, if a trustee mismanages a trust and causes financial harm to the beneficiaries, the court may order them to pay a surcharge to make up for the losses.

These examples illustrate how a surcharge is an extra charge added to an existing cost or fee. It can be a penalty for not paying on time or a way to cover additional expenses. In legal terms, it can also be a way to hold someone accountable for their actions and make things right for those who were harmed.

Supreme Court | Surety

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lilypadfrog
11:10
watched the movie singles by cameron crowe last night it was not exceptional but pretty funny
with a coke zero for flavor
lilypadfrog
11:11
Coke Zero breakfast is diabolical
11:11
@JumpySubsequentDolphin: nah meeting my friend in manhattan
11:11
conference is wednesday
lilypadfrog
11:11
guys I am moving on monday
lilypadfrog
11:11
isn’t that exciting
11:11
whaaa where r u going lilypad
lilypadfrog
11:11
just new place
lilypadfrog
11:11
new crib
11:11
new crib same area?
lilypadfrog
11:11
nah slightly different area
JumpySubsequentDolphin
11:12
@lilypadfrog: give lil cat a kiss on the forehead for me
JumpySubsequentDolphin
11:12
@KnowledgeableRitzyWasp: that sounds nice wasp
Dkk
11:12
Congrats on the move.
lilypadfrog
11:12
@JumpySubsequentDolphin: she says hi and she loves you. me too btw
lilypadfrog
11:12
Thanks
lmao you guys are great
JumpySubsequentDolphin
11:12
@Eggan: aw exciting I miss NYC. i think im going at some point soon ? as soon as it’s not freezing
11:12
yayyy pls come and meet up with me
lilypadfrog
11:13
lsd meetup!
11:13
we are finally doing the one that didnt happen yay
lilypadfrog
11:13
jumpy u should coordinate with trip she’s planning on going too I think
lilypadfrog
11:14
@Eggan: cold season was beating our asses
11:14
lichrally… except i dont get sick
11:14
i either get super sick or not sick at all so i havent gotten the cold in years
wasp when hes a vector for infectious disease
11:15
except u didnt get me sick :> yayy
JumpySubsequentDolphin
11:15
@lilypadfrog: oooh I’ll text her
JumpySubsequentDolphin
11:16
one day i will have a place in soho 🙌
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