Fee Definition & Meaning | Britannica Dictionary (2024)

fee

/ˈfiː/

noun

plural

fees

plural

fees

Britannica Dictionary definition of FEE

[count]

1

:

an amount of money that must be paid

  • The admission/entrance fee is $10.

  • a credit card with no annual fee

  • The tuition fees went up this year.

  • We returned the library book late and had to pay a late fee.

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Synonyms see: [1]price

2

:

an amount that is paid for work done by a doctor, lawyer, etc.

  • His insurance covers the doctor's fee.

  • They paid a fortune in legal fees.

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As an enthusiast with a deep understanding of linguistic nuances and a passion for language, I have delved into the intricacies of words and their meanings. My expertise in language and communication extends to etymology, semantics, and the practical applications of linguistic principles. Allow me to demonstrate my proficiency by dissecting the concepts embedded in the provided article.

The term "fee," pronounced /fiː/, serves as the focal point of our discussion. According to the Britannica Dictionary definition, a fee is a noun with two primary senses.

  1. Monetary Payment: The first definition revolves around a specific amount of money that must be paid. This could manifest in various scenarios, such as an admission or entrance fee, exemplified by the statement "The admission/entrance fee is $10." This fee represents a financial obligation for gaining access to a particular place or service. An additional example involves a credit card with no annual fee, highlighting the absence of a yearly monetary charge. Furthermore, the concept extends to tuition fees, indicating the cost of education, and late fees, which are penalties for overdue payments.

  2. Professional Compensation: The second definition emphasizes fees as compensation for services rendered by professionals such as doctors or lawyers. For instance, insurance may cover a doctor's fee, illustrating a payment made for medical services. The mention of paying a fortune in legal fees underscores the substantial compensation associated with legal services.

The term "fee" embodies a dual nature, encompassing both the financial aspect of payments for access or services and the compensation provided for professional work.

In summary, my in-depth knowledge of linguistic structures and semantics allows me to elucidate the multifaceted nature of the term "fee," encompassing monetary payments for access or services and compensation for professional work, as illustrated by the examples provided in the Britannica Dictionary definition.

Fee Definition & Meaning | Britannica Dictionary (2024)

FAQs

What is the definition fee? ›

A fee is a fixed price charged for a specific service. Fees are applied in a variety of ways such as costs, charges, commissions, and penalties. Fees are most commonly found in heavily transactional services and are paid in lieu of a wage or salary.

What does the term in fee mean? ›

a. law. (of land) in absolute ownership.

What is the other meaning of fees? ›

a charge or payment for professional services: a doctor's fee. Synonyms: honorarium, emolument, salary, stipend. a sum paid or charged for a privilege: an admission fee.

What is the original meaning of the word fee? ›

Fee has an Old French origin in the word fieu, "possession, holding, domain, or payment," from the Medieval Latin feodum, "land whose use is granted in return for service." Definitions of fee. a fixed charge for a privilege or for professional services.

What is a fee Oxford dictionary? ›

/fiː/ an amount of money that you pay for professional advice or services. Employees are reimbursed for any legal fees incurred when they relocate. fee-paying schools (= that you have to pay to go to)

What are the three types of fees? ›

Understanding the Three Fee Types and How They Are Applied
  • Amortizing Fees. Amortizing fees, also known as deferred fees, are applied when the loan is originally opened. ...
  • Miscellaneous Fees. Miscellaneous fees are applied after a loan is opened when certain actions take place on the account. ...
  • Maintenance Fees (P/I Fee)
Jan 23, 2020

What is an example with the word fee? ›

Examples of fee in a Sentence

Noun The admission fee is $10. a credit card with no annual fee The tuition fees went up this year.

What do you call a fee? ›

the amount of money that is demanded as payment for something my dentist's fees seem to increase with every visit. cost. price. rate. charge.

What is a fee vs charge? ›

A fee can be looked at similar to a penalty. While there are no fees attached to your contract, you can be fined for late payments or a returned payment. A charge on the other hand, is an amount that you acknowledge you are purchasing. At origination, the amount you finance is considered a charge.

What is the difference between a charge and a fee? ›

A fee can be looked at similar to a penalty. While there are no fees attached to your contract, you can be fined for late payments or a returned payment. A charge on the other hand, is an amount that you acknowledge you are purchasing. At origination, the amount you finance is considered a charge.

Is a fee something you pay? ›

A fee is a sum of money that you pay to be allowed to do something. He paid his license fee, and walked out with a brand-new driver's license. 2. countable noun. A fee is the amount of money that a person or organization is paid for a particular job or service that they provide.

Is a fee a payment? ›

From my point of view, fee usually refers to what you will expense your money to othere things, maybe you will expense but don't expense at present, but payment usually refers to what you must expense.

Is fee the same as cost? ›

Generally, a "fee" is a payment for services or for a privilege whereas "price" is the cost of something offered for sale.

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