Up-Charge

Cheesy Corporate Lingo CheesyCorporateLingo.com 19 February 2012

 

(1).  To bill separately for additional services that some competitors may provide free of charge.  These fees are generally intended to cover the costs of unnecessary business units (see nice-to-have) whose services can easily be removed from the firm’s offering in a down year and are often waived anyway.

 

“Everybody, we’re going to start up-charging our clients a technology fee.  If anyone asks, just tell them we needed to invest in new technology to make sure their campaign ran at an optimal level.  Gold mine.”