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Hoots : What is a term to describe when a percentage of the amount of money paid is taken away from the goods given? I have a system, where a 2% "charge" (for want of a better term) applies to all transactions. Users can pay 0, - freshhoot.com

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What is a term to describe when a percentage of the amount of money paid is taken away from the goods given?
I have a system, where a 2% "charge" (for want of a better term) applies to all transactions. Users can pay 0, and then they will top up for 98% of that amount (top up for ).

I was thinking of the term surcharge, but that would be for where the user pays 2, for example, to top up for 0 of goods (2% surcharge).

Is there a term for when the value of the money given by the user is decreased by a percentage?


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My suggestion would be"inclusive/ including 2% service charge" or "2% deductible towards service charge would apply"


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It may not apply for your situation, but if you were running a mutual fund, you could use the term "front-end load".


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