Fee(redirected from held in fee)
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A fixed amount or a percentage of an underwriting or principal paid to the underwriter for its services. Also, the charge a mutual fund holder pays for expenses incurred in management and administration of the fund. Also, the rate an account holder pays to a portfolio manager for management of a discretionary account.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
An agreed-upon, stated amount one pays for a service or privilege. For example, one may be required to pay a fee to attend college, to open an account with a brokerage, or to do any number of other things. Fees are stated and are usually standardized for the person or organization receiving them.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
feea payment to an AGENT or professional person/firm such as an accountant or lawyer for performing particular services for clients. Fees may be paid on a fixed or sliding scale basis related to the value of the transaction or work undertaken.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson