FINANCE CHARGE

finance charge.An additional payment, usu. in the form of interest, paid by a retail buyer for

the privilege of purchasing goods or services in installments. • This phrase is increasingly used as

a euphemism for interest. See INTEREST(3). [Cases: Consumer Credit 52; Usury 53. C.J.S.

Interest and Usury; Consumer Credit §§ 162, 165–168, 328.][Blacks Law 8th]