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

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 ?
that also satisfies the condition (6), but the fee schedule does not depend on c.
That would force a reduction of 4.5% in payments for everything else in the fee schedule under budget neutrality requirements.
The proposed fee schedule also would delay implementation of the appropriate use criteria (AUC) for imaging services, a program that would deny payments for imaging services unless the ordering physician consulted the appropriate use criteria.
Brady says he is optimistic about the new fee schedule and is happy to see that it is having an immediate effect.
Your fee schedule document need not be a complicated affair.
The proposed fee schedule also seeks to add annual wellness visits, psychoanalysis, psychotherapy, and prolonged evaluation and management services to the list of telehealth services that can be furnished to Medicare beneficiaries under the telehealth benefit.
* Case C--Standard fee schedule: filing fee for the claim is $22,800; the final fee is $6,000.
A crucial element of developing a fee schedule is the use of clinical coding, which is the translation of written clinical documentation about patient care into code format.
The addition of the test of fractional exhaled nitric oxide (FeNO) to the State of New Hampshire's Medicaid fee schedule is expected to translate into positive coverage and reimbursement of this asthma test for around 130,000 patients in New Hampshire.
Healthcare payment systems; fee schedule payment system.
The proposed fee schedule comes as the School Committee reviews recommended changes to its transportation policy for the 2010-11 school year.
Describe at least three changes in Medicare payment methodology for laboratory services following the implementation of the clinical laboratory fee schedule (CLFS) in 1984.