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A fee is the price one pays as remuneration for services, especially the honorarium paid to a doctor, lawyer, consultant, or other member of a learned profession. Price in Economics and Business is the result of an exchange and from that trade we assign a numerical Monetary value to a good, Remuneration is pay or salary typically Monetary payment for services rendered as in an Employment. An honorarium is an Ex gratia payment made to a person for their services in a volunteer capacity or for services for which fees are not traditionally required Attorney fees (note that the use of the word 'attorney' connotes lawyers broadly solicitors and barristers are the costs of legal representation that an attorney's client or a party A consultant (from the Latin consultare means "to discuss" from which we also derive words such as consul and counsel) is a Professional The term profession is applied to those persons who have specialized and technical skill or knowledge which they apply for a fee to certain tasks that ordinary and unqualified people cannot Fees usually allow for overhead, wages, costs, and markup. A wage is a compensation workers receive in exchange for their labor.

Traditionally, professionals in Great Britain received a fee in contradistinction to a payment, salary, or wage, and would often use guineas rather than pounds as units of account. See also Kingdom of Great Britain Great Britain (Breatainn Mhòr Prydain Fawr Breten Veur Graet Breetain is the larger of the two main islands A payment is the transfer of wealth from one party (such as a person or company to another A salary is a form of periodic payment from an Employer to an Employee, which may be specified in an Employment contract. The guinea coin of 1663 was the first English machine-struck Gold coin. The Pound Sterling ( symbol £; ISO code: GBP) subdivided into 100 pence (singular penny) is the Currency A unit of account is a standard monetary unit of measurement of the market value/cost of goods services or assets

A contingent fee is an attorney's fee which is reduced or not charged at all if the court case is lost by the attorney. A contingent fee in the United States or conditional fee in the United Kingdom is any Fee for services provided where the fee is only payable Attorney fees (note that the use of the word 'attorney' connotes lawyers broadly solicitors and barristers are the costs of legal representation that an attorney's client or a party A legal case is a dispute between opposing parties resolved by a Court, or by some equivalent legal process An attorney at law (or attorney-at-law) in the United States is a practitioner in a court of law who is legally qualified to prosecute

A service fee, service charge, or surcharge is a fee added to a customer's bill. The purpose of a service charge often depends on the nature of the product and corresponding service provided. Examples of why this fee is charged are: travel time expenses, truck rental fees, liability and workers' compensation insurance fees, and planning fees. Travel is the change in location of people on a trip through the means of Transport from one location to another This article is about the semi-truck For the North American use of the word see Pickup truck. Lease Renting is an agreement where a payment is made for the temporary Workers' compensation (colloquially known as workers' comp in North America or compo in Australia) a form of Insurance that provides Insurance, in Law and Economics, is a form of Risk management primarily used to hedge against the Risk of a contingent loss Planning in Organizations and Public policy is both the organizational process of creating and maintaining a Plan; and the psychological process of UPS and FedEx have recently begun surcharges for fuel. United Parcel Service Inc ( commonly referred to as UPS, is one of the world's largest Package delivery companies FedEx Corporation ( is a Logistics services company based in the United States. Fuel is any material that is burned or altered in order to obtain energy

Restaurants and banquet halls charging service charges in lieu of tips must distribute them to their wait staff in some U.S. states (e. A restaurant is a retail establishment that serves prepared Food to Customers. A function hall or banquet hall is a room for the purpose of hosting a Party, Banquet, Reception, or other social event A US state is any one of the fifty subnational entities of the United States of America that share Sovereignty with the federal government g. , Massachusetts, New York, Montana), and may keep them in others (e. The Commonwealth of Massachusetts ( is a state located in the New England region of the northeastern United States. New York ( is a state in the Mid-Atlantic and Northeastern regions of the United States and is the nation's third most populous Montana ( is a state in the Western United States. One-third of the state in the western part contains numerous mountain ranges (approximately 77 named of the northern g. , Kentucky). The Commonwealth of Kentucky ( is a state located in the East Central United States of America.

A fee may be a flat fee or a variable one, or part of a two-part tariff. A flat fee, also referred to as a flat rate or a linear rate, refers to a pricing structure that charges a single fixed fee for a service A two-part tariff is a Price discrimination technique in which the price of a product or service is composed of two parts - a lump-sum fee as well as a

It is now very common in the United States for fees to be used to hide the real price of a service or product, in a widely-used form of deceptive advertising. The United States of America —commonly referred to as the False advertising is the use of false or misleading statements in Advertising.

Advance-fee fraud is a scam, although some contractors or other businesses may legitimately go bankrupt after accepting an fee in advance. An advance-fee fraud is a Confidence trick in which the target is persuaded to advance sums of money in the hope of realizing a very much larger gain A confidence trick or confidence game (also known as a bunko, con, flim flam, gaffle, grift, scam, scheme Bankruptcy is a legally declared inability or impairment of ability of an individual or organization to pay their Creditors Creditors may file a bankruptcy petition against

Contents

Telecom

For telecommunications services such as high-speed Internet and mobile phones, an activation fee is commonly assessed, although most companies fail to include it in the advertised price, and activation means only typing some customer information into a computer. Broadband Internet access, often shortened to just Broadband, is high-speed Internet access—typically contrasted with dial-up access over a Modem Advertising is a form of Communication that typically attempts to persuade potential Customers to Purchase or to consume more of a particular Brand This article describes the term used in chemistry and biochemistry A computer is a Machine that manipulates data according to a list of instructions. For example, as of 2008, Verizon Wireless has begun charging 20 dollars for activation of its phones, even for existing customers who want to upgrade. 2008 ( MMVIII) is the current year in accordance with the Gregorian calendar, a Leap year that started on Tuesday of the Common Cellco Partnership, Doing business as Verizon Wireless, owns and operates the second largest Wireless Telecommunications network in the The term upgrade refers to the replacement of a product with a newer version of that same product however it is most often used in Computing and Consumer electronics Customers are told that the phones can be returned or exchanged within 15 days, but are not told that the extra fee (which has been disclosed only in fine print) will not be returned, and that yet another fee will assessed against him or her for getting a different new phone, or even going back to their old one. Fine print, small print, or "mouseprint" is less noticeable print smaller than the more obvious larger print it accompanies that advertises or otherwise

Another fee is the early-termination fee applied nearly-universally to cellphone contracts, supposedly to cover the remaining part of the subsidy that the provider prices the phones with. A contract is an exchange of promises between two or more parties to do or refrain from doing an act which is enforceable in a court of law In Economics, a subsidy (also known as a subvention is a form of financial assistance paid to a business or economic sector If the user terminates before the end of the term, he or she will be charged, ofter well over 100 dollars. In the U. S. , mobile phone companies have come under heavy crticism for this anti-competitive practice, and the FCC is considering limits to prevent price gouging, such as requiring the fees to be prorated. Anti-competitive practices are Business or Government practices that prevent and/or reduce Competition in a Market (see Restraint of trade Price gouging is a Pejorative term for a seller pricing much higher than is considered reasonable or fair Pro rata is an adverb or adjective meaning in proportion. The term is used in many legal and economic contexts and sometimes spelled pro-rata.

Some telephone companies, including AT&T, include a regulatory cost recovery fee in the bill each month of around three U.S. dollars, passing the blame onto government regulation, and essentially charging their customers for complying with U.S. law. A telephone company (or telco) provides Telecommunications services such as Telephony and Data communications Most of the largest telcos whatever Before proposing a merge request please see Talk and see if the merger you propose has recently been made and The United States dollar ( sign: $; code: USD) is the unit of Currency of the United States; it has also been To blame is to hold another person or group responsible for perceived faults whether these faults are real imagined or merely invented for pejorative purposes For the government of parliamentary systems see Executive (government. This article is for the legal term For regulation of genes see Regulation of gene expression. The law of the United States was originally largely derived from the Common law system of English law, which was in force at the time of the Revolutionary

Banking

Banks are also notorious for extracting large bank fees from their customers, who have no recourse as the bank already has their money. A banker or bank is a Financial institution whose primary activity is to act as a payment agent for customers and to borrow and lend money Money is anything that is generally accepted as Payment for Goods and services and repayment of Debts. These fees can be extremely high, often many times that actual amount of a small and accidental overdraft, because they are not proportional to the amount of overdraft. An overdraft occurs when withdrawals from a Bank account exceed the available balance which gives the account a negative balance - a person can be said to have Banks also encourage this by paying the largest of several debits in a night first, so that multiple large fees can be racked-up against the customer when there is not enough left for the smaller transactions. Debit and credit are formal Bookkeeping and Accounting terms They are the most fundamental concepts in accounting representing the two records that one

U. S. banks also extract fees from automatic teller machine transactions that are made at another bank, even if the customer's home bank has no branch in the area (such as when the customer is on vacation) and has failed to provide any free alternative through an ATM network. Lists of holidays The words holiday or vacation have related meanings in different English-speaking countries and continents but will usually refer to one of Customers are now hit twice, both by the bank that owns the ATM, and now again by their home bank. Some, including Bank of America, even charge a denial fee, literally a fee for refusing service to the customer (if there are insufficient funds or a daily limit), and a fee to simply check the account balance at a "foreign" (other bank's) ATM. Banc of America Securities Bank of America () is the largest bank by asset and second largest commercial Bank by deposits and Market capitalization in United "Non-sufficient funds" (NSF is a term used in the Banking industry to indicate that a demand for payment (a check) cannot be honored because insufficient In Economics, the balance of payments, (or BOP) measures the Payments that flow between any individual Country and all other countries

Renting

Like an activation fee, a setup fee is often charged by places that rent space or other things. In the case of self-storage businesses, this negates claims of "only one dollar for the first month" made by Public Storage and others. Self storage facilities are Businesses composed of Real estate or Personal property cargo transit containers divided into self storage spaces Public Storage ( a Real estate investment trust (REIT is one of the largest Self-storage companies in the United States with headquarters in Glendale Apartment complexes often charge fees for pets (mainly dogs and cats). A pet is an Animal kept for companionship and enjoyment or a househeld animal as opposed to Livestock, Laboratory animals Working animals The dog ( Canis lupus familiaris) is a domesticated Subspecies of the gray wolf, a Mammal of the Canidae family of the order WikipediaManual of Style (spelling, articles should conform to one overall spelling style of English typically the one most linked to the article topic (if it is geographic Some complexes euphemisitically call these a non-refundable deposit, ignoring the definition of a deposit as inherently being refundable. A euphemism is a substitution of an agreeable or less offensive expression in place of one that may offend or suggest something unpleasant to the listener or in the case of doublespeak A money back guarantee is essentially a simple Guarantee that if a buyer is not satisfied with a product or service a refund will be made

Event tickets

With respect to events tickets, online reservations and payments, and other transactions, there is sometimes a service charge (often called a convenience fee) that serves as additional compensation for the company facilitating the transaction. A ticket is a Voucher to indicate that one has paid for Admission to an event or establishment such as a Theatre, Movie theater, Amusement Ticketmaster and others charge this, and have made a business model of it. Ticketmaster is a ticket sales and distribution company based in West Hollywood California, USA, with operations in many countries around the world A business model is a term used for a broad range of informal and formal descriptions that are used by enterprises to represent various aspects of its business including its purpose offerings However, such groups have a monopoly on particular events or even entire concert venues. In Economics, a monopoly (from Greek monos, alone or single + polein, to sell exists when a specific individual or enterprise has sufficient A music venue is any location regularly used for a Concert or Musical performance

Air travel

Airlines have long charged fees for changing flights, and for excess luggage. An airline provides air transport services for Passengers or Freight, generally with a recognized operating certificate or license Flight is the process by which an object achieves sustained movement either through the Air (or movement beyond Earth's atmosphere, in the case of Luggage is any number of Bags cases and containers which hold a Traveller s articles during transit. However, with the oil price increases since 2003, many are increasing fees. In May 2008 it was announced that some would be charging even for just one checked bag, making it nearly impossible to avoid. International holidays May 1 - Labour Day ( Pakistan) May 1 - Labour Day ( Singapore)

Airports also charge landing fees to airlines in order to cover costs, particularly airport security. An airport is a location where Aircraft such as airplanes, Helicopters and blimps take off and land Landing fees are a charge paid by an Aircraft to an airport company for landing at a particular Airport. Airport security refers to the techniques and methods used in protecting Airports and Aircraft from Crime.

Customer service

Some businesses charge fees just for talking to a customer service representative. Customer service (also known as Client Service) is the provision of service to customers before during and after a purchase DirecTV charges this when ordering a pay-per-view movie via telephone instead of through the set-top box. DirecTV (trademarked as "DIREC' TV' " is a Direct broadcast satellite (DBS service based in El Segundo California, USA, that was founded Pay-per-view (often abbreviated PPV) is the system in which Television viewers can purchase events to be seen on TV and pay for the private telecast of that event A set-top box (STB or set-top unit (STU is a device that connects to a Television and an external source of signal, turning the signal into Some companies charge for technical support, either prepaid or by using a premium-rate telephone number (such as the 1-900 numbers in North America). Technical support (also tech support) is a range of services providing assistance with technology products such as mobile phones televisions Computers Premium-rate telephone numbers are Telephone numbers for Telephone calls during which certain services are provided and for which prices higher than normal are

Speaking

Main article: Speaking fee

A speaking fee is a payment awarded to an individual for speaking at a public event. Speaking fee, a payment awarded to an individual for speaking at a public event Public speaking is the process of speaking to a group of people in a structured deliberate manner intended to inform influence or entertain the listeners Sometimes it is used as a way to pass money to individuals which would otherwise be prohibited. A loophole is a weakness or exception that allows a system such as a Law or Security, to be circumvented or otherwise avoided


Late fees

Late fees are charged when payment is not received by a deadline.

Retail

Some retail stores add fees, mainly for "guest passes" at membership warehouses like Costco and Sam's Club, where membership dues have not been paid. A warehouse club is a Retail store, usually selling a wide variety of Merchandise, in which customers pay annual membership fees in order to shop Costco Wholesale Corporation ( is the largest membership Warehouse club chain in the world based on sales volume headquartered in Issaquah Washington, Sam's Club is an American chain of membership-only retail Warehouse clubs Founded in 1983 it is owned and operated by Wal-Mart Stores Inc

There are a few other "cost-plus" stores however that add ten percent or so at checkout, using the lower shelf price to trick comsumers into erroneous comparison shopping. Point of sale or point of service ( POS or PoS) can mean a retail shop, a checkout counter in a shop or the location where a transaction At Food Depot and other smaller low-end chain stores like this, the shelf price may be 1. 95, when the shopper will actually be charged 2. Shopping is the examining of Goods or services from Retailers with intent to purchase at that time 15 in the end, in a sort of legalized bait and switch. In Retail sales, a bait and switch is a form of Fraud in which the party putting forth the fraud lures in customers by Advertising a product or service (Furthermore, a disclaimer indicates the shelf price is not even the actual cost to the store. A disclaimer is generally any statement intended to specify or delimit the scope of rights and obligations that may be exercised and enforced by parties in a legally-recognized relationship )

Infrastructure and environment

An impact fee is a charge which a developer must pay to local government, in order to raise money for capital improvements to roads, libraries, and other services upon which the new land development places a burden. An impact fee is a fee that is implemented by a Local government on a new or proposed development to help assist or pay for a portion of the costs that the new development Local governments are administrative offices that are smaller than a State. In Economics, capital or capital Goods or real capital refers to items of extensive value A road is an identifiable route, way or path between two or more places. A library is a collection of information sources resources and services and the structure in which it is housed it is organized for use and maintained by a public body an institution This prevents existing residents from being forced to pay in taxes, in addition to already having to put-up with the traffic, noise, and environmental damage of the new development. Traffic on Roads may consist of Pedestrians ridden or herded Animals Vehicles Streetcars and other Conveyances either singly is a one volume manga created by Tsutomu Nihei as a prequel to his ten-volume work Blame!.

Government

Public resources

A user fee is a fee paid for the use of a public resource, like a park. A park is a protected area of Land and Water, usually in its natural or semi-natural (landscaped state and set aside for some purpose often to do with human This is most common for national parks, and often also state parks or provincial parks, and for privately-owned areas. A national park is a reserve of land usually declared and owned by a national Government, protected from most Human development and pollution State Park is a term used in the United States and in Mexico for an area of land preserved on account of its natural beauty historic interest recreation or other A provincial park (or territorial park) is a Park under the management of a provincial or territrorial government in Canada.

Licenses and permits

Fees are usually charged for various government services, including license plates and annual motor vehicle registration, as well as driver licenses and professional licensing. A vehicle registration plate is a metal or plastic plate attached to a Motor vehicle or trailer for official identification purposes Vehicle registration is usually the compulsory registration of a vehicle with a government authority A driver's license, driver license, driver licence, or driving licence is an official document which states that a person may operate a Licensure refers to the granting of a License, which gives a 'permission to practice Fees are also charged for various permits, like demolition and building permits, rezoning, and land grading (which causes silt); and sometimes for increasing stormwater runoff, destroying native vegetation, and cutting-down healthy trees. Demolition is the opposite of Construction: the tearing-down of Buildings and other Structures It contrasts with deconstruction A construction permit or building permit is a Permit required in most Jurisdictions for new Construction, or adding onto pre-existing Structures Zoning is a term used in Urban planning for a system of land-use Regulation in various parts of the world including North America the United Kingdom Grading in civil engineering and construction is the work of ensuring a level (or possibly sloped to specific degree base for a construction work such as a foundation or the Silt is Soil or rock derived Granular material of a Grain size between sand and clay Stormwater is a term used to describe water that originates during precipitation events Surface runoff is a term used to describe when soil is infiltrated to full capacity and excess Water, from Rain, Snowmelt, or other sources flows Vegetation is a general term for the plant life of a region it refers to the Ground cover provided by plants A tree is a perennial Woody plant. It is most often defined as a woody plant that has many secondary branches supported clear of the ground on a single main stem or

Deceptive use

Sometimes fee is used to whitewash what are actually penalties or taxes. Whitewash, or calcimine, kalsomine, or calsomine is a very low cost type of Paint made from Slaked lime (calcium hydroxide and For example, Virginia's now-repealed Civil Remedial Fees were actually a tax on drivers with certain kinds of traffic law violations. Virginia Remedial Fees were a set of taxes enacted by the Virginia General Assembly that collected up to $3000 for Moving violations ref> Va

Schooling

At public universities and community colleges, students are charged tuition and matriculation, when can themselves be considered fees charged per credit hour. A public university is a University that is predominantly funded by public means through a national or subnational government as opposed to private universities. A community college is a type of Educational institution. The term has different meanings in different countries The word student is etymologically derived through Middle English from the Latin second-type conjugation Verb "studēre" Tuition means instruction or teaching. In American English, the term tuition is often used to refer to a fee charged for educational instruction The Carnegie Unit and the Student Hour (also called a Credit Hour) are strictly time-based references for measuring educational attainment used by American universities However, the term student fees typically refers to additional charges which the student is required to pay, typically no matter how many hours the student is taking in the academic term. An academic term is a division of an academic year the time during which a School, College or University holds classes

Commonly this is a student activity fee, which helps to fund student organisations, particularly those which are academic in nature; and those which serve all students equally, like student government and student media. A student society or student organization is an Organization, operated by Students at a University, whose membership normally consists only of A students' union, student government, student senate, students' association, or guild of students is a Student Organization A newer fee is the technology fee, which is often charged to students by schools when state government funding fails to meet needs for computers and other classroom technology. A state government ( provincial government in Canada is the Government of a Subnational entity in States with federal A computer is a Machine that manipulates data according to a list of instructions. Educational technology (also called learning technology) is the study and ethical practice of facilitating learning and improving performance by creating using and managing Students may also be charged a health fee which usually covers the campus nurse, and possibly a visit to a local clinic if the student is ill. Health is a state of complete physical mental and social well-being and not merely the absence of disease or infirmity A nurse is responsible—along with other Health care Professionals —for the treatment safety and recovery of acutely or chronically A clinic (or an outpatient clinic) is a small private or public health facility that is devoted to the care of Outpatients, often in a community in contrast Illness (sometimes referred to as ill-health or ail) can be defined as a state of poor Health.

Parking fees are normally optional, because students may not have their own automobiles. Parking is the act of stopping a Vehicle and leaving it unoccupied for more than a brief time Hoewver, many U. S. schools are now forcing meal plans on their students, particularly those that stay in dorms, and some force freshmen to stay in the dorms. Dormitory typically refers in the United States to residence halls which are sleeping quarters or entire buildings primarily providing sleeping and residential quarters for Generally, all fees except parking are covered under scholarships, whether they are from private, government, or lottery funds. A scholarship is an award of access to an institution or a financial aid award for an individual student scholar for the purpose of furthering their Education A lottery is a form of Gambling which involves the drawing of lots for a prize

Dictionary

fee

-noun

  1. A monetary payment charged for professional services.
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