fee

A fixed amount or a percentage of an underwriting or principal. Bloomberg Financial Dictionary

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fee fee [fiː] noun

1. [countable] COMMERCE an amount of money paid to a professional person or organization for their services:

• If you want help selecting a policy, you might want to use an insurance adviser who charges a fee, but earns no commission.

fee for

• Cable TV subscribers pay a monthly fee for the service.

• The bank does not charge anarrangement fee for the loan.

— see also no win no fee

adˈvance fee [countable] COMMERCE

an amount of money paid for services before they are delivered:

• Thousands of people have been conned into advance fee loan schemes.

adˈvisory fee [countable] FINANCE

a sum of money paid for investment advice given by a mutual fund:

• The advisory fee for the $13. 6 billion Windsor fund was cut 20 percent.

ˈbreak fee [countable] LAW

1. LAW an amount of money that a company has to pay if it breaks an agreement to sell the company to another company

2. an amount of money that you have to pay if you end a contract before the agreed time

capiˈtation ˌfee [countable] COMMERCE

a payment or charge that is made for each person:

• Schools received a capitation fee for every pupil in the school.

comˈmitment ˌfee [countable] BANKING FINANCE

a sum of money paid to a bank for agreeing to make a loan:

• Your company will have to pay a commitment fee of 0.15% for the new bank credit line.

conˈtingency ˌfee also conˈtingent ˌfee [countable]

LAW when a lawyer is paid a percentage of any damage S (= money for loss or injury) that they win for their client:

• In settling a personal injury case, a contingency fee contract with his client gave Mr Goodman one-third of the $3 million award.

distriˈbution ˌfee [countable] COMMERCE

a sum of money charged by a film-making company to make a film available to cinemas:

• The new Batman movie has returned revenue to Warner of $253.4 million; from that sum, Warner deducted $80.4 million for the studio's distribution fee.

ˈentry ˌfee [countable] COMMERCE

a sum of money charged to join an organization, to go into a particular place, or to take part in a competition:

• The entry fee is $10 for adults and $6 for children under 14.

ˈfixed ˌfee also ˈflat ˌfee [countable] COMMERCE

a set amount paid for work or a service, that does not change with the time the work takes or the amount the service is used:

• Quebec doctors get a fixed fee for each medical service performed.

• Airlines usually charge a flat fee for unlimited use of their reservation systems.

inˈcentive ˌfee

1. [countable] HUMAN RESOURCES an amount paid to a person or organization for carrying out their work to a high standard:

• Harrah's will receive an incentive fee if it hits certain goals.

2. [countable] FINANCE an amount of money an investor pays to a dealer who is working for them if the dealer succeeds in making an agreed profit:

• The rate includes an incentive fee of 12.5%.

ˈlanding ˌfees [plural] TRAVEL COMMERCE

the money that the owner of a port or airport charges owners of ships or aircraft to pay for using it:

• Landing fees at airports are based on aircraft weight.

ˈlicence ˌfee , license fee [countable] COMMERCE LAW

money paid to a person or organization for permission to use their ideas or designs:

• The software company received a $4 million license fee from Siemens for use of its technology in developing medical diagnostic products.

ˈlicencing ˌfee , licensing fee [countable] COMMERCE LAW

another name for licence fee

ˈmanagement ˌfee [countable] COMMERCE

money paid to a person or organization that operates a business activity for another person or organization:

• The business receives a management fee from the investors for managing and operating the properties.

ˈsales ˌfee [countable] FINANCE

money paid to a mutual fund by an investor when putting money into the fund:

• If an investor puts $10,000 into a mutual fund that charges a 5% sales commission, $500 would go toward the sales fee, and, as a result, only $9,500 would be invested in the fund.

ˈscale ˌfee [countable] LAW

a way of charging for legal work based on a standard scale, rather than based on the amount of work done:

• The maximum conveyancing charge of £700 was a considerable saving on the scale fee traditionally charged by solicitors in London.

ˈtransfer ˌfee [countable] FINANCE COMMERCE

an amount of money charged for transferring money, shares, property etc from one person to another:

• The lending association ensures customer loyalty by imposing a £150 transfer fee.

tuˈition ˌfees [plural]

money paid by or for a student to a university or similar institution for its courses:

• Universities plan to raise tuition fees for overseas students.

ˈupfront ˌfee

1. [countable] COMMERCE another name for advance fee:

• In return for a $500 upfront fee, the broker promised to help Mr Haze find money.

2. [countable] FINANCE an amount of money paid by an investor to a mutual fund to manage their investment; = LOAD:

• An investor who places $10,000 for 15 years in a fund that charges an upfront fee of 0.75% of assets pays the equivalent of a $900 load.

2. [countable] COMMERCE an amount of money paid to an author, musician etc for a book, piece of music etc that they have written; = ROYALTY:

• The publisher canceled publication and refused to pay the author a promised $900,000 fee.

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fee UK US /fiː/ noun [C] FINANCE

► an amount of money paid for a particular piece of work or for a particular right or service: agree/charge/collect, etc. a fee »

He's good, but he charges huge fees.

a fee of £50/$20 million/100 euros, etc. »

The two clubs agreed a fee of £50 million for the player.

pay £1000/$20,000/90 euros, etc. in fees »

The airline paid $130 million in fees to advisers.

cut/increase/put up, etc. fees »

The bank has cut its admin fees to attract new customers.

fee on sth »

The credit-card company collects a fee on every transaction.

fee for (doing) sth »

Some banks charge a fee for using other banks' cash machines.

»

An agency will advise you for a fee.

»

annual/monthly fees

»

administrative/consulting/legal, etc. fees

→ See also ADVANCE FEE(Cf. ↑advance fee), ADVISORY FEE(Cf. ↑advisory fee), ADVANCE FEE(Cf. ↑advance fee), BREAK FEE(Cf. ↑break fee), BREAK-UP FEE(Cf. ↑break-up fee), CAPITATION FEE(Cf. ↑capitation fee), COMMITMENT FEE(Cf. ↑commitment fee), CONTINGENCY FEE(Cf. ↑contingency fee), DISTRIBUTION FEE(Cf. ↑distribution fee), ENTRY FEE(Cf. ↑entry fee), FLAT FEE(Cf. ↑flat fee), INCENTIVE FEE(Cf. ↑incentive fee), LANDING CHARGE(Cf. ↑landing charge), LATE FEE(Cf. ↑late fee), LICENCE FEE(Cf. ↑licence fee), MANAGEMENT FEE(Cf. ↑management fee), NO WIN, NO FEE(Cf. ↑no win, no fee), SALES FEE(Cf. ↑sales fee), SCALE FEE(Cf. ↑scale fee), TRANSFER FEE(Cf. ↑transfer fee), UP-FRONT FEE(Cf. ↑up-front fee), USER FEE(Cf. ↑user fee)

→ See Note INCOME(Cf. ↑income)