Question: What Do You Call A Fee Paid For A Service?

What is another word for fee?

SYNONYMS FOR fee 1 stipend, salary, emolument; honorarium..

What are examples of fees paid?

Most often, fees are the payment one makes for service, both basic—mowing a lawn, for example, and complex—like drafting a will or preparing your taxes. Sometimes there is more than one fee charged for a service (i.e., buying a plane ticket for X amount of money, but getting hit with luggage fees and travel fees).

What is another word for free?

What is another word for free?complimentaryfree of chargefreebiegratisgratuitouswithout chargeas a giftchargelesscostlesson the house26 more rows

What is difference between fee and fees?

While ‘fee’ is singular and ‘fees’ plural, they are both treated as singular. … Fee is singular, and fees plural, but both have almost the same meaning. A fee is the price one pays as remuneration for services, specifically payments to a doctor, lawyer, consultant, or other member of a learned profession.

What is fee paying in Legon?

A fee paying student at the University of Ghana is one who meets the minimum entry requirements of the university of Ghana but does not meet the required departmental cut-off point for a specific program he or she wishes to apply for.

What is the opposite of fee?

What is the opposite of fee?chargedenyrefuseseizetakewithhold

What is another word for few?

In this page you can discover 63 synonyms, antonyms, idiomatic expressions, and related words for few, like: some, a couple of, scarce, scant, fewness, less, a-few, a small number, a handful, occasional and a small number of.

What is a fee paying school?

A fee-paying school is one where parents pay the school directly for their children’s education. used to refer to people who pay for something rather than getting it for free: The school is attended by fee-paying students from many countries.

Why am I being charged a monthly service fee Chase?

Chase Bank has recently implemented a $12 monthly “service fee” to checking accounts that do not receive a direct deposit of $500 or more. According to Chase, the direct deposits “must be an ACH credit, may include payroll, pension or government benefit payments, such as Social Security.”

Why do banks charge monthly service fees?

Many banks charge a monthly maintenance fee in order to cover costs associated with maintaining accounts and certain perks that may be added on. Some of these perks include: overdraft coverage programs, no charge for using ATMs outside the system, cashback on spending, and so forth.

What are three types of fees?

The Top 10 Most Common Banking Fees & How to Avoid ThemChecking Account Fees. It is recommended that you speak with your bank to learn more about its service fees (how often you can potentially be charged, and for how much). … Minimum Balance Charge. … Overdraft Charge. … Returned Deposit Charge. … Hard Copy Statement Fee. … ATM Fees. … Foreign Transaction Charge. … Lost Card Fee.More items…•

How do you avoid fees?

Here are some proven tips:Utilize free checking and savings accounts. Many banks still offer them.Sign up for direct deposit. … Keep a minimum balance. … Keep multiple accounts at your bank. … Use only your bank’s ATMs. … Don’t spend more money than you have. … Sign Up for Email or Text Alerts.

What fee means?

1 : an amount of money that must be paid A fee is charged to get into the park. 2 : a charge for services a doctor’s fee. fee. noun.

How do you explain a service fee?

A service charge is a fee collected to pay for services related to the primary product or service being purchased. The charge is usually added at the time of the transaction. Many industries collect service charges, including restaurants, banking, and travel and tourism.

What does fee paying mean?

Fee-paying is used to talk about institutions or services which people have to pay to use, especially ones which are often provided free.

Is a service fee the same as a tip?

Amounts an employer requires a customer to pay are service charges. This is true even if the employer or employee calls the payment a tip or gratuity. … Generally, service charges are reported as non-tip wages paid to the employee. Some employers keep a portion of the service charges.

Why did my bank charge me a service fee?

These fees are charged by banks to help “maintain” your account, kind of like a service fee. Banks thrive off of managing your money and if you carry a high balance in your account, you may get hit with a fee.

How do I avoid maintenance fees?

10 Ways to Avoid Checking Account Fees for GoodMaintain a minimum balance.Stay in school.Use direct deposit.ACH transfers appear as a direct deposit.Open an online account to avoid ATM fees.Use your debit card frequently.Opt out of overdraft fees.Link your accounts.More items…•