exchange charge

noun

: a small deduction from the face value of a check or draft on a distant point made by the bank that cashes such a document

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Dictionary Entries Near exchange charge

Cite this Entry

“Exchange charge.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/exchange%20charge. Accessed 15 Dec. 2024.

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