Annual Fee

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Annual Fee

A fee that a company assesses on a customer simply for being a customer. Annual fees are most common in the financial industry. For example, a credit card company may charge a customer an annual fee of $60 in order to keep that customer's card active.
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A private company owned by various local TV stations, Velister is a platform carrying digital signals for licensed television channels at an annual fee.
Members have the option to complete their annual fee statement and pay their fees online via the Bar's website at www.
Removing annual fees for charitable corporations is another benefit that comes from having a dedicated national regulator for Australian charities.
Additionally, the percentage of cards with annual fees held steady for credit unions, at 14 percent, and increased for banks, from 14 percent in 2010 to 21 percent in 2011.
Charging no annual fees or membership fees, BusyTrade's account is free to signup and free to use certain basic functions, however, if the members want to access to more value added services, they will required to pay.
Mowden Hall, where annual fees are nearly pounds 18,000 for pupils who board, is recognised as one of the region's leading private schools.
Roughly 27% of the card offers during the first three months of this year carried annual fees, up from 18% one year ago.
However, the Gambling Act 2005 requires that payments for virtually everything, including application fees and annual fees, be paid in advance.
Annual fees on credit cards are set to return in a move that could hit consumers' pockets by up to pounds 35 a year, according to research released yesterday.
LLCs are usually required to file annual reports and pay annual fees to maintain status.
The Treasury Department and IRS have issued three guidance items regarding credit card annual fees and late fees.
The stock exchange had also agreed to refrain from raising main market annual fees significantly for a further two years and to cut its admission and annual fees on AIM, its market for smaller companies, the OFT added.

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