Fee
A fee is the price one pays as remuneration for rights or services. Fees usually allow for overhead, wages, costs, and markup. Traditionally, professionals in the United Kingdom receive a fee in contradistinction to a payment, salary, or wage, and often use guineas rather than pounds as units of account. Under the feudal system, a Knight's fee was what was given to a knight for his service, usually the usage of land. A contingent fee is an attorney's fee which is reduced or not charged at all if the court case is lost by the attorney.
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- noun(feudal law) A right to the use of a superior's land, as a stipend for services to be performed; also, the land so held; a fief.
- nounAn inheritable estate in land held of a feudal lord on condition of the performing of certain services.
- verbTo reward for services performed, or to be performed; to recompense; to hire or keep in hire; hence, to bribe.
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