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 ?
They may include HMOs, PPOs, private fee-for-service plans and special needs plans.
There are numerous requirements for internal quality assurance programs, but private fee-for-service plans must meet only a subset of those requirements, plus two requirements specific to those plans.
As a result, the share of health care participants covered by fee-for-service plans has declined.
One potential difficulty in observational studies is that observed utilization (and expenditure) differences between prepaid and fee-for-service plans can be affected by biased selection (Luft 1981; Berki and Ashcraft 1980).
Over 80 percent of all HMOs in the country participate in FEHBP, and they are allowed to join the program without any barriers, unlike fee-for-service plans, which are strictly regulated.
Most fee-for-service plans have a "cap"--the most you will have to pay for medical bills in any one year.
All representatives selling products on behalf of a plan sponsor will have to pass a written test demonstrating familiarity with Medicare and fee-for-service plans.
Under traditional fee-for-service plans, patients can choose to see any doctor at anytime and pay them a fee directly for their service and wait to be reimbursed, as Kevin Holston did, usually for 80% of the cost.
As government contributions sink, private fee-for-service plans can provide an escape hatch from rationing.
The following tabulation indicates the percent of full-time employees with health care benefits provided through a fee-for-service plan who were given incentives to obtain diagnostic testing prior to hospital admission:
The analysis looked at a sample of patients (aged 18-65 years) enrolled in a fee-for-service plan, who had filed one or more medical or disability claims for major depressive disorder and had not been treated for comorbid psychoses or bipolar disorder.
The bottom line, according to Steinberg: ``Most people will ultimately be more satisfied with, and receive better care from, a fee-for-service plan.