Nuisance fees
Term · Law · MLC-T-LAW-003492
Small, often unexpected charges or penalties imposed by financial institutions or service providers that are perceived as unfair or unnecessary. These fees can accumulate and significantly increase the cost of a service or product. Examples include overdraft fees, late payment charges, or fees for balance inquiries.
| Identifier | MLC-T-LAW-003492 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-003492",
"term": "Nuisance fees",
"field": "Law",
"definition": "Small, often unexpected charges or penalties imposed by financial institutions or service providers that are perceived as unfair or unnecessary. These fees can accumulate and significantly increase the cost of a service or product. Examples include overdraft fees, late payment charges, or fees for balance inquiries.",
"url": "https://mlchart.com/terminology/law/nuisance-fees/"
}
Record 3,477 of 5,439 in Law terminology (MLC-0107). Request the full dataset.