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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
an amount of money paid for services before they are delivered:
• Thousands of people have been conned into advance fee loan schemes.
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
a payment or charge that is made for each person:
• Schools received a capitation fee for every pupil in the school.
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.
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.
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%.
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.
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
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.
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.
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
• 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
► 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)