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English definition of “fee”

fee

noun [C]
 
 
/fiː/ 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, advisory fee, advance fee, break fee, break-up fee, capitation fee, commitment fee, contingency fee, distribution fee, entry fee, flat fee, incentive fee, landing charge, late fee, licence fee, management fee, no win, no fee, sales fee, scale fee, transfer fee, up-front fee, user fee
(Definition of fee from the Cambridge Business English Dictionary © Cambridge University Press)
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