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 ?
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.
A study of 25 large states representing 80 percent of workers' comp benefits paid in the United States over a 10 year period from 2002 to 2011 finds states with no fee-schedule regulations on reimbursement for professional services had "higher prices paid and more rapid price growth over time compared with states with fee schedules.
She said proposed changes to the fee schedule would introduce an early payment incentive to those who pay by May 1 but would remove the $500 family cap.
Following the enactment of the Deficit Reduction Act in 1984 (1), payment to laboratories providing Part B services to Medicare changed to a national clinical laboratory fee schedule (CLFS) system.
Additionally, last year's legislation would have mandated not only development of a base fee schedule, but also that adjustments be made to the base fees to account for cost differences in geographic regions and test settings.
When an attorney is handed a fee schedule, they may rule you out without even having a conversation about the many benefits you can provide as a CLNC[R] consultant.
Surgeons in Massachusetts almost uniformly refuse to accept the state fee schedule.
The petition outlining the specific reasons for the adoption of the fee schedule can be found at www.
Bad news abounded for SNFs that bill for frequent blood glucose tests in the 2007 Medicare Physician Fee Schedule (MPFS) final rule.
AAP first met with CMS in May; when the proposed physician fee schedule was issued in September, the four codes were not included.
The FTC found that NTSP engaged in the unlawful negotiation of agreements on price and other terms, refused to deal with payers except on collectively agreed-upon terms, and refused to submit payer offers to its physicians unless the terms complied with NTSP's minimum fee schedule.
The 2006 fee schedule for each of the priced services, except the check service, which is more complex, is on the Board's web site at www.