Service Charge, Service Department, Setback, Settle

Service Charge, Service Department, Setback, Settle :

Service Charge : A payment for working generally in conjunction with other costs such as packaging or shipping a product, maintaining a record of transactions, etc.

Service Department : A group which is appointed by the company to perform the task for their buyer such as wrapping packages, repairing appliances, etc. or for other departments of the company, such as equipment repair and maintenance, clearing, etc.

Setback : A difficult time in a business or in a project that temporarily slow down the progress. The sum by which the boundaries of a building fall short of the property line usually a minimum set by local ordinance. The type of architecture in which each floor or certain floors fall short of the boundary of the floor below creating a stair step arrangement

Settle : A favour which is satisfied. In finance the payment of an outstanding loan. In law the resolved a dispute without litigation

Service Charge

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