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DEFINITION of 'Service Charge'. A type of fee charged to cover services related to the primary product or service being purchased. For example, a concert venue may charge a service fee in addition to the initial price of a ticket in order to cover the cost of security or for allowing electronic purchases.
informs the applicant in large bold print that a policy or service fee of (amount) will be. charged, shall be displayed in a prominent place so as to be seen and read from any part of. the office lobby. (2) The applicantâs consent in writing is obtained on a separate form each. time a policy or service fee is charged.