Define: Charge

UK Accounting Glossary

Definition: Charge


Quick Summary of Charge


In relation to interest or taxes, describes the reduction in ownership interest reported in the income statement (profit and loss account) due to the cost of interest and tax payable.




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Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/charge/
Modern Language Association (MLA):
Charge. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. November 17, 2019 https://payrollheaven.com/define/charge/.
Chicago Manual of Style (CMS):
Charge. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/charge/ (accessed: November 17, 2019).
American Psychological Association (APA):
Charge. PayrollHeaven.com. Retrieved November 17, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/charge/

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This glossary post was last updated: 23rd December 2018.