fee

/fiː/noun

A payment required in return for a service or privilege.

Example sentence

“The gym charges a small fee for new members.”

Fees are for services and permissions: legal fees, entrance fees, tuition fees. Goods have prices, work has wages, and rule-breaking brings fines.

Related words

taxMoney that people and businesses must pay to a government to fund public services.returnTo go back or come back to a place or person.profitThe money left over after all costs have been paid.exchangeThe act of giving one thing and receiving another in return; a trade.valueThe worth of something; the quality that makes it useful or desirable.shippingThe business or process of moving goods from one place to another.