What is a late fee(滞纳金)？
1.A late fee, also known asa late fine or a past due fee, is a charge levied against a client by a company or organization for not paying a bill or returning a rented or borrowed item by its due date. Its use is most commonly associated with businesses like creditors, video rental outlets and libraries. Late fees are generally caLCulated on a per day, per item basis.
2.A late fee, also known as an overdue fine, late fine, or past due fee, is a charge fined against a client by a company or organization for not paying a bill or returning a rented or borrowed item by its due date.
3.A fee charged when a payment is not received on time. Some common bills which almost always have a late fee policy are credit card payments, mortgage and student loan payments, and car loan payments.