Approval of a generously trimmed new service charge deal, by the co-owners association at one of the luxury reclaimed island in the Arabian Gulf's, series of Viva Bahriya towers, was reported at the end of November 2012.
What does S/C stand for?
S/C stands for Service Charge
This definition appears very frequently and is found in the following Acronym Finder categories:
- Business, finance, etc.
See other definitions of S/C
We have 359 other meanings of S/C in our Acronym Attic
- Signal to Background (ratio)
- Southbound (traffic/transportation)
- Starting Bid (trade)
- Switch Board
- Safety Computer
- Sales Confirmation (shipping)
- Sales Contract
Samples in periodicals archive:
In the last financial year, a service charge surplus was achieved, and according to the Co-Owners Association's Constitution, any surplus is to be applied to the next financial year service charges.
Summary: JEDDAH: The Ministry of Commerce and Industry recently issued a decision to ban all eateries from taking a service charge from customers, but some restaurants did not receive any circular on the matter.
We have a lunch buffet every day as well, but are not asking a service charge on that.
Paul Bagust, RICS Associate Director, said: "Research suggests that a significant proportion of occupiers remain dissatisfied with service charge management.
The business and trade ministry told the hotels that the service charge practice was prohibited by the consumer protection law of the country and that legal action would be taken against them if they did not heed the warning.
He feared service charge hikes would mean an increase his weekly rent to around pounds 109 for a one-bedroom flat.