interest paid on money borrowed the interest expense on money borrowed to finance a purchase.
Related definitions of "carrying charge"
- Also called carry
finance charges by reference to the company’s capacity to borrow from a third party on a stand-alone basis. Where the acceptable level of debt is based on subjective tests, it is frequently possible to secure advance clearance from the fiscal authorities on the proposed level of gearing.
By Martin O’Donovan
A liquidity facility is an avenue for a bank to invest surplus cash and carries two charges:
By Moorad Choudhry
their particular markets, having built up a wealth of experience. They are also likely to be able to judge accurately which customers present the greatest risk to them and charge them accordingly.
At the same time Regulation EC924/2009 on cross-border payments in the Community replaced Regulation EC2560/2001 and extended the principle of equal charges for national and cross-border payments in euro to direct debits.
By Björn Flismark
Definitions of ’carrying charge’ and meaning of ’carrying charge’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’carrying charge’ and other financial terms with our online QFINANCE Financial Dictionary.