fee
TRANSCRIPT
fee
A monetary payment charged for professional services
EtymologyOld English feoh (“cattle, property, money”)
A fee is the price one pays as remuneration for services. Fees usually allow for overhead, wages, costs, and markup.
A service fee, service charge, or surcharge is a fee added to a customer's bill.
Examples of why this fee is charged are:
travel time expenses
…liability and workers' compensation insurance fees,
and planning fees.
A fee may be a flat feeor a variable one,or part of atwo-part tariff.
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