Definition of carrying charge in English:

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carrying charge

noun

1 Finance , chiefly North American An expense or effective cost arising from unproductive assets such as stored goods or unoccupied premises.
Example sentences
  • On March 16 the company sent him an invoice for extension and carrying charges in the sum of $79, 762.50.
  • If, like many folks, you use credit to finance business purchases, interest and carrying charges are fully tax deductible.
  • I will also discuss how and when to report interest income, as well as when to claim any offsetting carrying charges.
2A sum payable for the conveying of goods.
Example sentences
  • Hence the claim for carrying charges or, as Mr Baker put it, reverse demurrage, because the ship's delay delayed the cargo.
  • If you're taking your own skis, don't forget to check each airline's small print for any extra carrying charges - some do, some don't.

For editors and proofreaders

Syllabification: car·ry·ing charge

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