Usually means: Penalty for delayed payment due.
Definitions Related words Mentions
We found 5 dictionaries that define the word late fee:

General (3 matching dictionaries)
  1. late-fee: Wordnik
  2. Late fee: Wikipedia, the Free Encyclopedia
  3. late fee: Wiktionary

Art (1 matching dictionary)
  1. Glossary of Stamp Collecting Terms (No longer online)

Business (1 matching dictionary)
  1. INVESTORWORDS (No longer online)

Definitions from Wiktionary (late fee)

noun:  A fee charged by a library for the late return of an item

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