Fee

From Encyclopedia Jr, free information reference for Kids

A fee is the price one pays as remuneration for services, especially the honorarium paid to a doctor, lawyer or member of a learned profession. As part of their mystique, traditional professionals in Britain received a fee in contradistinction to a payment, salary, wage or mere money, and would often use guineas rather than pounds as units of account.

• One may also charge/pay fees as a fixed sum for the right to enter for an examination, or on admission to membership of a university or other society.

• Fee could refer to a Speaking fee - A payment awarded to an individual for speaking at a public event.

• FEE is also an ironic acronym for the Everett Turnpike, a toll road in New Hampshire, United States.

• 'FEE' is also an acronym for the Foundation for Economic Education.

• For the technical (and original) usage of the term fee in the European feudal system see fiefdom.

• The Foundation for Educational Excellence, the name the Alameda Education Foundation was known for between 1984 to 1997.

• Fédération des Experts Comptables Européens (FEE), the representative organisation for the accountancy profession in Europe.

• Fee simple and fee tail are two kinds of estate in land.

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