What Does My Fees Mean?

What does being waived mean?

to refrain from claiming or insisting on; give up; forgo: to waive one’s right; to waive one’s rank; to waive honors.

Law.

to relinquish (a known right, interest, etc.) …

to put aside for the time; defer; postpone; dispense with: to waive formalities..

What is a fee paid for a service called?

Fee-for-service (FFS) is a payment model where services are unbundled and paid for separately. In health care, it gives an incentive for physicians to provide more treatments because payment is dependent on the quantity of care, rather than quality of care.

What is another word for free?

What is another word for free?complimentaryfree of chargefor freefor nothingfreebiegratisgratuitouswithout chargeas a giftchargeless26 more rows

What do you mean by fee?

A fee is a fixed price charged for a specific service. Fees are applied in a variety of ways such as costs, charges, commissions, and penalties. Fees are most commonly found in heavily transactional services and are paid in lieu of a wage or salary.

How do you avoid fees?

Here are some proven tips:Utilize free checking and savings accounts. Many banks still offer them.Sign up for direct deposit. … Keep a minimum balance. … Keep multiple accounts at your bank. … Use only your bank’s ATMs. … Don’t spend more money than you have. … Sign Up for Email or Text Alerts.

What is another word for fee?

What is another word for fee?chargecosttollfigureremunerationstipendaccountallowancebillcommission183 more rows

Is waived meaning?

verb (used with object), waived, waiv·ing. to refrain from claiming or insisting on; give up; forgo: to waive one’s right; to waive one’s rank; to waive honors. Law. to relinquish (a known right, interest, etc.) intentionally. to put aside for the time; defer; postpone; dispense with: to waive formalities.

How do I apply for a fee waiver?

How to Write an Application Fee Waiver RequestAs the saying goes “Ask and you shall be given.” Therefore, never be afraid to write to the school’s contact to ask for a waiver based on financial hardship. … Do your due diligence. … Here are a few practical things to consider when sending an application fee waiver request.More items…

What is the meaning of fee structure?

A fee structure is a chart or list highlighting the rates on various business services or activities. A fee structure lets customers or clients know what to expect when working with a particular business.

What does it mean for a fee to be waived?

A fee waiver is when a university charges you a lower fee than usual. … It’s very rare for a fee waiver to cover the fees in full, so you’ll still need a Tuition Fee Loan to cover what’s left.

How do you explain a service fee?

A service charge is a fee collected to pay for services related to the primary product or service being purchased. The charge is usually added at the time of the transaction. Many industries collect service charges, including restaurants, banking, and travel and tourism.