Library fines do not typically accumulate over years or decades. Library fines are an enforcement mechanism designed to ensure that library books are returned within a certain period of time and to provide increasing penalties for late items. Library fines, also known as overdue fines, late fees, or overdue fees, are small daily or weekly fees that libraries in many countries charge borrowers after a book or other borrowed item is kept past its due date. Late fees are issued to people who do not pay on time and don't honor a lease or obligation for which they are responsible.Īn illustration fine slip from A Library Primer (1899) Organizations encourage the payment of late fees by suspending a client's borrowing or rental privileges until accumulated fees are paid, sometimes after these fees have exceeded a certain level. Late fees are generally calculated on a per day, per item basis. Its use is most commonly associated with businesses like creditors, video rental outlets and libraries. JSTOR ( April 2010) ( Learn how and when to remove this template message)Ī late fee, also known as an overdue fine, late fine, or past due fee, is a charge fined against a client by a company or organization for not paying a bill or returning a rented or borrowed item by its due date.Unsourced material may be challenged and removed. Please help improve this article by adding citations to reliable sources. This article needs additional citations for verification.
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