late charge
Spanish: cargo por pago atrasado, cargo por demora o morosidad
Description
A late charge is a fee imposed on an account when payment is not received by the due date. This charge serves as a penalty for the delay and encourages timely payments to maintain financial responsibility.
Interpreter Notes
Interpreters should be aware that 'cargo por pago atrasado' is the standard term used in formal contexts. Some may hear colloquial terms like 'cargo por demora' or 'cargo por morosidad', which should be avoided in professional settings. It is important to maintain a formal register when discussing financial matters.
Example Sentences
EN: The hospital added a late charge to the bill because the payment was not received on time.
ES: El hospital añadió un cargo por pago atrasado a la factura porque el pago no se recibió a tiempo.
Common Interpreter Mistakes
Confusing 'cargo por pago atrasado' with similar terms; using informal language instead of formal terms; mispronouncing 'cargo' as 'caro'