carrying charge meaning

Noun: carrying charge

1. Charge made for carrying an account or for merchandise sold on an instalment plan 
2. The opportunity cost of unproductive assets; the expense incurred by ownership
   - carrying cost

Derived forms: carrying charges

Type of: charge, opportunity cost

Encyclopedia: Carrying charge

[American slang]
n. An extra cost added to the price of something bought on weekly or monthly payments. The price of the bicycle was $50. Jim bought it for $5.00 a month for ten months plus a carrying charge of $1 a month.

[Business]
noun [C]

1 (Accounting ) (also carrying cost, holding cost)

the cost to a business of storing goods or holding assets rather than using them to earn income:

If your inventory carrying costs are high, you will only want to keep enough in your warehouse to protect customer service.

2 (Commerce ) (especially AmE)

money that you pay as interest and charges when you buy sth using credit

[Finance]
The fee a broker charges for carrying securities on credit, such as on a margin account.

• carrying charge market:    [Finance]A futures ...
• carrying:     adjective &n ...
• charge:    Verb: charge  ...

Examples

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1. And it brings with it carrying charges for storage.
2. Carrying charges total about $ 800 a month.
3. The co-op has no mortgage, and its carrying charges are low.
4. Individual teams can grease palms with " carrying charges, " as Sidney Greenstreet would say.
5. Conversely, you might impose a carrying charge if the bill is not paid in 60 or 90 days.