finance charge

noun

1. interest or a fee charged for borrowing money or buying on credit.

Example Sentences

In July, prosecutors dropped a campaign finance charge, prompting many an incorrect social media report that they’d also dropped all other federal charges as well.

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They said they may oppose the prosecution’s plans to introduce evidence related to severed or withdrawn counts, such as the campaign finance charge.

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THE FACTS: Federal prosecutors said last week that they are no longer pursuing one campaign finance charge against Bankman-Fried, but confirmed he still faces a criminal trial in October on other charges.

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“The only count the Government will not pursue is count 8, the campaign finance charge,” Biase told the AP in an email.

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As the AP reported, the campaign finance charge pertained to the government’s allegation that Bankman-Fried had enabled over $100 million siphoned from Alameda Research — his cryptocurrency hedge fund trading firm — to fund unlawful political contributions.

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