연체료

yeoncheryo
NounTOPIK 2 - Intermediate

Definitions

late fee
Money one should pay for the days in arrears when one is late in paying money or returning an object.
내야 하는 돈이나 물건 등을 기한이 지나도록 내지 않았을 때 밀린 날짜에 따라 더 내는 돈.

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Dictionary data from Korean Learners' Dictionary (한국어기초사전) by the National Institute of Korean Language, licensed under CC BY-SA.