Late fees
Spanish: Cargos por mora/por pagar tarde
Description
Late fees are charges incurred when a payment is not made by the due date. These fees are typically added to the outstanding balance and can accumulate over time, increasing the total amount owed.
Interpreter Notes
Interpreters should be aware that 'cargos por mora' may be used interchangeably with 'cargos por pagar tarde' in different contexts. It is important to maintain a formal register and avoid colloquial terms. Ensure clarity in financial discussions to prevent misunderstandings regarding payment timelines.
Example Sentences
EN: The company imposes late fees for any invoices not settled within 30 days.
ES: La empresa impone cargos por mora para cualquier factura que no se pague dentro de los 30 días.
Common Interpreter Mistakes
Confusing 'cargos por mora' with 'intereses'; mispronouncing 'mora' as 'mora' (fruit); mixing up payment terms with unrelated financial concepts.