Definition, Meaning & Synonyms
low-fee
adjective
/loʊ fiː/
Definition
A term referring to a financial charge that is notably lower than the average or standard fees associated with a service or product.
Examples
- The bank offered a low-fee option for opening a new savings account.
- Many online courses provide low-fee registration to encourage more students to enroll.
- Low-fee travel options can save you a significant amount of money on your trip.
Meaning
It describes a cost that is intentionally set at a lower rate to make a service or product more accessible or appealing to consumers.
Synonyms
- affordable
- inexpensive
- budget-friendly
