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A fee is a fixed price charged for a specific service. Fees are applied in a variety of ways such as costs, charges, commissions, and penalties. Fees are most commonly found in heavily transactional services and are paid in lieu of a wage or salary.
In common parlance, a fee is a payment or charge for services rendered, usually in the form of money or property. In legal and property contexts, however, a fee can also be a heritable interest in land, such as a fee simple. [Last updated in July of 2021 by the Wex Definitions Team]
Fee Relief includes waivers, reductions, or deferral of the payment of a fee or a charge yet to be imposed.
The Victorian Civil and Administrative Tribunal (VCAT) resolves legal disputes and cases in Victoria. We are a tribunal, which means we're less formal than a court. We hear and decide cases ing to the law.
A contract fee is a mechanism to recover costs associated with research and development that are not otherwise allowable as direct or an indirect cost of a sponsored project.