Definition, Meaning & Synonyms
nominal-fee
noun
/ˈnɑː.mɪ.nəl fiː/
Definition
A nominal fee refers to a small or minimal charge that is typically not intended to cover the full costs of a service or product.
Examples
- The workshop had a nominal fee of $10 to help cover materials.
- Students were required to pay a nominal fee to access the campus gym facilities.
- Many online courses charge a nominal fee to ensure that those who sign up are committed.
Meaning
In many contexts, a nominal fee is charged to provide access to a service, allowing more people to participate or benefit without the barrier of high costs.
Synonyms
- minimal charge
- small fee
- token amount
