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SourceLaw Dictionary Browse Letter S

Surcharge

Legal definition for Indian law research

Definition

surcharge


1 : to impose a surcharge on [ a trustee for failing to exercise due care]
2 : to show an omission in (an account) for which credit ought to have been given
n 1 : an additional or excessive charge
2 : a penalty imposed on a fiduciary for failing to exercise due care in the management of assets




Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.

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