fee

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Fee

A compensation paid for particular acts, services, or labor, generally those that are performed in the line of official duties or a particular profession. An interest in land; an estate of inheritance.

An estate is an interest in land, and a fee, in this sense, is the shortened version of the phrase fee simple. A fee simple is the greatest estate that an individual may have in the land because it is total ownership of the land including all structures attached thereto. It is complete ownership absent all conditions, limitations, or restrictions upon alienation, which is its sale or transfer to another.

fee

n. 1) absolute title in land, from old French, fief, for "payment," since lands were originally given by lords to those who served them. It often appears in deeds which transfer title as "Mary Jo Rock grants to Howard Takitall in fee..." or similar phraseology. The word "fee" can be modified to show that the title was "conditional" on some occurrence or could be terminated ("determinable") upon a future event.. 2) a charge for services. (See: fee simple)

fee

(Charge), noun charge for services, compensation, compensation for labor, compensation for professional service, consideration, cost, disbursement, dues, exactment, expenditure, expense, fare, fixed charge, merces, payment, price, recompense, reward, toll, wage
Associated concepts: attorney's fee, counsel fees, reasonnble fee, splitting a fee

fee

(Estate), noun absolute inheritance, absolute interrst in realty, corporal hereditament, feod, feud, fief, hereditament, holding, interest, land, landed estate, landed property, lands, legal estate, property, real estate, real property, realty, right of possession, title, unconditional inheritance, unlimited inheritance, unrestricted inheritance, vested interest in land
Associated concepts: absolute fee, base fee, conditional fee, contingent fee, defeasible estate, determinable fee, fee simple, fee tail, limited fee, qualified fee
Foreign phrases: Feodum est quod quis tenet ex quaaunque causa sive sit tenementum sive redditus.A fee is that which any one holds from whatever cause, whether it be tenement or rent.
See also: advance, brokerage, charge, compensation, cost, due, excise, expense, fare, honorarium, pay, payment, pension, perquisite, price, rate, real estate, recompense, remittance, rent, reward, tax, toll, wage

fee

in English law an interest in land that was inheritable, but the term is now only relevant in the context of the phrase FEE SIMPLE ABSOLUTE IN POSSESSION. In Scots law, used to denote the full and unlimited right in capital or land that is otherwise subject to the personal servitude of a LIFE RENT.
References in periodicals archive ?
Certainly, the fee schedule proposal isn't new to Congress.
For most hospitals, the new fee schedule that was implemented in July 2009 lowered end caps on inpatient hospitalization reimbursement to 75 percent of charges from 77.
We believe that these fee schedule increases strike a reasonable balance between the needs of the medical profession and the demands of our customers," said G.
Preset fees are usually based on a national or regional fee schedule.
The study found the factors underlying the increases in hospital outpatient payment per service after 2005 may be related to features in the 2004 fee schedule reform.
For a majority of ambulance service providers, the fee schedule will mean that they will be reimbursed at even lower rates than they are currently receiving for the treatment and emergency and non-emergency transportation of Medicare patients.
Once this sum is determined, each provincial medical association determines a fee schedule for all medical procedures.
4 percent) in 2005/2006 to 2007/2008 and the result might be related to the new diagnosis-related group (DRG) based fee schedule.
The 198-132 vote to defeat the schedule or guidelines was a setback for a coalition of business groups that have strongly supported the measure, but it was a victory for health providers, attorneys and labor groups, which argued that either guidelines or a fee schedule would interfere with the free market and could limit workers' access to the treatment they need to get back to work.
This mission of project management assistance (Amo) to object, in parallel, (1) identify and to value the economic interests of the waterway for VNF to customers~ samples / releases of water on the area entrusted to VNF and (2) to define elements justified calculation and price of future royalties to lead to a fee schedule and attend VNF in the implementation of the fee schedule so defined.
In the 2015 Physician Fee Schedule, CMS is also proposing to require that physicians use certified electronic health record technology.
The Medical Fee Schedule contains rules and maximum reimbursement rates, by procedure, for workers' compensation medical services in the State of Rhode Island.