surcharge

²surcharge

noun

Definition of SURCHARGE

1

a : an additional tax, cost, or impost b : an extra fare <a sleeping car surcharge> c : an instance of surcharging an account

2

: an excessive load or burden

3

: the action of surcharging : the state of being surcharged

4

a (1) : an overprint on a stamp; specifically : one that alters the denomination (2) : a stamp bearing such an overprint b : an overprint on a currency note

Examples of SURCHARGE

1. The airline has added a $20 fuel surcharge on all international flights.

First Known Use of SURCHARGE

15th century

Other Economics Terms

actuary, compound interest, globalization, indemnity, portfolio, rentier, stagflation, usurer