TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

PENALTY FEE [1 record]

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Record 1 2008-07-21

English

Subject field(s)
  • Banking
OBS

Penalty fees for actions such as late payments have more than doubled in the last ten years, from $13 in 1995 to as much as $34 in 2005.

OBS

Penalty fees include dishonoured cheque fees, overdraft fees and late payment fees.

French

Domaine(s)
  • Banque
CONT

Les frais de pénalité constituent les principaux bénéfices des sociétés de cartes de crédit, qui se sont élevés à 18 milliards de dollars en 2007, soit une hausse de 68 % par rapport à 2002 quand les frais de pénalité s'élevaient à 10,7 milliards de dollars.

OBS

Les frais de pénalité comprennent les frais de chèque refusé, les frais de découvert et les frais de retard de paiement.

Spanish

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