Overdue Charges
Overdue charges are fees applied when a borrowed item, such as a book from a library or a rented movie, is not returned by its due date. These charges serve as a reminder for borrowers to return items on time, ensuring that others can access them as well.
The amount of overdue charges can vary depending on the institution or service provider. Typically, the longer the item is overdue, the higher the fees will accumulate. This policy encourages responsible borrowing and helps maintain the availability of resources for all users.