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carrying charge
noun
a charge made for carrying an account, usually computed as a percentage of the principal owed.
cost incurred while an asset is unproductive.
carrying charge
noun
the opportunity cost of unproductive assets, such as goods stored in a warehouse
51³Ô¹Ï History and Origins
Origin of carrying charge1
Idioms and Phrases
Interest charged on the balance owed when paying on an installment plan, as in What is the carrying charge for this credit card? The term denotes the amount charged for carrying the remaining debt. [Late 1800s]
The cost incurred when an asset is unproductive, as when aircraft are grounded during a strike, real estate cannot be developed owing to zoning laws, or similar circumstances. For example, The carrying charge for owning this building may send us into bankruptcy .
Example Sentences
They are getting tired of the costs associated with living in a large home, bogged down by the carrying charges for the house and the continuous upkeep.
The anonymous petition blames “some very wealthy and selfish shareholders†for the rejected offer, which, it states, will lead to increased carrying charges and “no new lobbies for a long time.â€
“Well, there’s interest and carrying charge. Some people find it convenient.â€
They pay “carrying charges†rather than rent and have a bigger stake than traditional renters.
The monthly carrying charges for each apartment total $15,986, according to the spokesman.
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