Definition, Meaning & Synonyms
fee-waiver
Noun
/fiː ˈweɪ.vər/
Definition
A fee-waiver is an exemption from a required payment, typically granted by an institution or organization in certain circumstances.
Examples
- Many universities offer a fee-waiver to students from low-income families.
- The scholarship included a fee-waiver for all application fees.
Meaning
It refers to the official cancellation or reduction of a charge, often helping individuals who may have financial difficulties.
Synonyms
- Fee exemption
- Charge relief
- Cost reduction
