determinable fee


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determinable fee

See future interest and fee simple determinable.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
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In addition, charges associated with the contract need to have fixed or determinable fees. SOP 972 guidance also addresses revenue allocation using VSOE (vendor specific objective evidence)--price books that break out component pricing when sold separately, or prices set by management with "appropriate authority." If there isn't any existing VSOE for a contract, SOP 972 requires that the entire contract be deferred.
Fixed and determinable fees. One requirement for revenue recognition is that the fee is fixed and determinable.
In addition, charges associated with the contract needed to have fixed or determinable fees.