noun a price that is higher than what is considered reasonable or fair
verb to charge too much for goods or services
In the finance industry, overcharge refers to charging more than the agreed upon or market rate for a product or service.
In legal contexts, overcharge can refer to a situation where a party is accused of excessively charging for goods or services.
In retail, overcharge can occur when a customer is charged more than the listed price for an item.
Within consumer rights discussions, overcharge is a key issue related to unfair pricing practices that harm consumers.
In billing processes, overcharge may be flagged as an error if a customer is billed more than the correct amount for a service.
In the publishing industry, if a writer is accused of overcharging for their services, it can damage their reputation and potentially lead to legal action.
A psychologist may be accused of overcharging if their fees are significantly higher than industry standards or if they bill for services that were not provided.
Overcharging clients is a serious ethical violation for lawyers and can result in disciplinary action or loss of license.
Overcharging for materials or labor in construction projects can lead to disputes with clients and damage the contractor's credibility.
An accountant who overcharges for their services may face complaints from clients or penalties from regulatory bodies.
Overcharging clients as a consultant can harm relationships and result in loss of business opportunities.
Overcharging for medical services can result in accusations of fraud and malpractice suits against doctors.
An electrician who overcharges for their work may face complaints from customers and damage their reputation in the industry.
Overcharging for plumbing services can lead to negative reviews and loss of customers for a plumber.
An architect who overcharges for design services may face legal action from clients and damage to their professional reputation.