An example of service charge is PayPal charging a fee for one person sending money to another using their service.
(plural service charges)
- An amount added to the bill in a restaurant, or other similar establishment, which is normally paid to the waiter or waitress.
service charge - Investment & Finance Definition
A finance charge that is triggered by a specific event. For example, a service charge may be assessed on checks issued by credit card companies that allow the card holder to use them for purchases or to pay off other credit cards. A service charge also may be assessed when an overdraft protection on a credit card is triggered.