What is a Charge?

To Charge in business is to demand an amount of money as the price for a good or service. The store charged $1.40 per apple. In accounting, a charge is a debit to an account. A finance charge is a fee for borrowing, it is the cost of credit.

Additional Resources

CFI is a global provider of financial modeling courses and of the FMVA Certification. CFI’s mission is to help all professionals improve their technical skills. If you are a student or are looking for a career change, the CFI website has a multitude of free resources to help you jumpstart your Career in Finance. If you seek to improve your technical skills check out some of our most popular courses. Below are some additional resources for you to further explore:

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The Financial Modeling Certification

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