Definition, Meaning & Synonyms
monthly-charge
noun
/ˈmʌnθli tʃɑːrʤ/
Definition
A monthly charge is a payment that is made on a monthly basis for services or goods.
Examples
- The monthly charge for the gym membership is due on the first of each month.
- Many people prefer to split the monthly charge into smaller payments to manage their budget.
- The utility company informed us that the monthly charge would increase by 10% next year.
Meaning
It refers to the fixed amount of money owed each month, typically for subscriptions, utilities, or loans.
Synonyms
- monthly payment
- recurring fee
- subscription fee
