Glossary entry

Portuguese term or phrase:

Com. Permanencia P/ Dia

English translation:

late payment surcharge

Added to glossary by Simona de Logu
Feb 2, 2018 16:09
6 yrs ago
3 viewers *
Portuguese term

Com. Permanencia P/ Dia

Portuguese to English Bus/Financial Finance (general)
This is from a table on a payment slip for Brazilian private medical insurance.
No further context.

Any help appreciated!

Proposed translations

27 mins
Selected

late payment surcharge

A comissão de permanência é uma taxa fixa por dia (ou outro período) e não uma taxa variável baseada em algum índice oficial, portanto não se caracteriza como juros.
The late payment surcharge is a fixed daily (or other period) fee, not a variable charge based on any official rate. Therefore, it cannot be called interest.
https://www.google.com.br/search?ei=7JJ0Wv6HNoaEwgTinp9o&q="...
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4 KudoZ points awarded for this answer. Comment: "Obrigada!"
9 mins

daily interest for late payment

"Muitas vezes chamada, de forma errônea, de juros de mora ou remuneratórios, comissão de permanência é o nome dado aos juros cobrados sobre o valor em atraso, além das taxas e multas, já previstas para este tipo de situação, nos contratos com instituições financeiras."
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1 hr

late payment fee

A monetary charge assessed on an account holder who has not made a payment on the account by the expected due date. The fee may be a flat-rate fee or based on a percentage of the amount due.

Read more: http://www.businessdictionary.com/definition/late-payment-fe...
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