Definition, Meaning & Synonyms
monthly-fee
noun
/ˈmʌnθli fiː/
Definition
A regular payment made every month for a service or membership.
Examples
- Subscription Services: Many streaming platforms charge a monthly fee for access to their content.
- Gym Membership: A monthly fee is often required to maintain gym membership benefits.
- Utility Bills: Some utilities charge a monthly fee based on usage and service level.
Meaning
A monthly fee is typically a fixed amount that is charged once a month to gain continuous access to a service or resource, such as a subscription or utility.
Synonyms
- recurring payment
- subscription fee
- monthly charge
