Definition, Meaning & Synonyms
in-fee
noun
ˈɪnˌfiː
Definition
A payment made for services, particularly in the context of real estate or legal transactions.
Examples
- In-fee charges were included in the closing costs of the home purchase.
- The lawyer explained the in-fee that would be applied for the legal service.
Meaning
In-fee generally refers to a fee that is charged in connection with the transfer of ownership, particularly in real estate, but can also pertain to service fees in other sectors.
Synonyms
- service fee
- grant fee
- transaction fee
