Finance:Upcharge

From HandWiki
Short description: Incremental charge beyond posted price

Upcharge is used as the billing counterpart to marketing's upsell.[1][2] In one context,[2] it means paying a smaller increment in price for a larger increase in what is received; in another it means paying an increase for a non-standard arrangement, what one writer called "upcharge money."[3]

It also may refer to a convenience fee:[4] a pharmacy that carries basic grocery items and charges higher prices for the non-pharmaceutical one-stop-shopping items.[5] While a surcharge is part of what must be paid, an upcharge is not always unexpected,[6] and usually can be declined by rejecting the additional service or the suggested upgrade,[7][8] albeit receiving less.[1]

The term upcharge is sometimes used when charge (or possibly surcharge) would suffice, similar to the matter of upsurge compared to the simpler words surge and increase.[9][10] "Upcharge attraction" is one description of how amusement parks charge both for admission and then for individual rides.[11]

References

  1. 1.0 1.1 Garth Johnston (February 8, 2013). "Neat Upsell: Restaurant Caught Charging More For Bourbon Without Rocks". The Gothamist. https://gothamist.com/food/neat-upsell-restaurant-caught-charging-more-for-bourbon-without-rocks?br=1. 
  2. 2.0 2.1 John Del Signore (July 28, 2011). "Le Poisson Rouge Charges $3 Extra For Glenlivet With Ice, $3 Extra Without". The Gothamist. https://gothamist.com/food/le-poisson-rouge-charges-3-extra-for-glenlivet-with-ice-3-extra-without. 
  3. Concepción de León (March 25, 2019). "Damon Young on the 'Absurdity' of Being Black". The New York Times. https://www.nytimes.com/2019/03/25/books/damon-young-what-doesnt-kill-you-makes-you-blacker.html. 
  4. "Family Vacation: What Price, Convenience?". The Wall Street Journal. March 4, 2007. https://www.wsj.com/articles/SB117295966210126110. 
  5. "What Will the Economy's New 'Normal' Look Like in 2013?". The New York Times. January 2, 2013. https://www.nytimes.com/2013/01/06/magazine/what-will-the-economys-new-normal-look-like-in-2013.html. "a drugstore that also carries basic grocery items at an upcharge." 
  6. Nick Guy (November 11, 2021). "The Best Cheap iPad Cases". The New York Times. https://www.nytimes.com/wirecutter/reviews/best-ipad-cases/. "for about the price of a burrito and chips (including the upcharge for guac)" 
  7. What is the difference between surcharge and upcharge?, https://hinative.com/questions/5604011, retrieved October 2, 2022 
  8. "Upcharge definition", Law Insider, https://www.lawinsider.com/dictionary/upcharge, retrieved October 2, 2022 
  9. wherein, having referred to surcharge and "10 percent", "10%" and "upcharge" are said.Joel E. Abramson (October 27, 2015). "Answers About Rent Stabilization, Part 2". The New York Times. https://archive.nytimes.com/cityroom.blogs.nytimes.com/2008/07/17/answers-about-rent-stabilization-part-2/. 
  10. Melanie Gouby. "Eastern Congo city suffers upsurge in violence". The New York Daily News. https://www.nydailynews.com/sdut-eastern-congo-city-suffers-upsurge-in-violence-2012sep29-story.html. ""It is only an upsurge in ordinary crime," he asserted." 
  11. Adams, Judith A. (1991). The American Amusement Park Industry: A History of Technology and Thrills. Boston: Twayne Publishers. ISBN 0-8057-9821-8. https://archive.org/details/americanamusemen00adam.