Definition, Meaning & Synonyms

monthly charge

Noun
ˈmʌnθli tʃɑrdʒ
Definition
A fixed amount of money that is required to be paid each month for a service or product.
Examples
  • The monthly charge for the gym membership is $50.
  • Many internet providers have a monthly charge based on the speed of service you select.
  • I forgot to cancel my subscription, and now I have a monthly charge on my credit card.
Meaning
Monthly charge refers to the regular payment due each month for ongoing services, such as subscriptions, utilities, or membership fees.
Synonyms
  • Monthly fee
  • Recurring payment
  • Subscription cost