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 ?
Because of their high costs, many of the fee-for-service plans have begun offering a preferred provider organization (PPO) to limit costs, while keeping some choice of doctor for enrollees.
The importance of provider incentives for utilization management has not been lost on fee-for-service plans. EPOs are trying to use profit sharing as a way to encourage efficiency.
While clever attempts are being made to couch the assault on private fee-for-service plans as protecting consumers from exploitive insurance companies, there is little doubt about Stark's underlying motivation.
Is there a difference in the utilization patterns among depressed patients, both descriptively and after adjusting for health status and other sociodemographics, between prepaid and fee-for-service plans?
Type of health care plan that, like a fee-for-service plan, pays expenses as they are incurred.
While the costs are lower and more predictable than under a fee-for-service plan, there are some drawbacks:
A private fee-for-service plan is defined as a plan that reimburses doctors, hospitals and other providers on a fee-for-service basis, does not place them at risk, does not vary payment rates based on utilization, and does not restrict which doctor or hospital the member can use.
Based on previous readmission cost data, the Medicare fee-for-service plan could have saved nearly $5 billion if it had had the same readmission rate as the ACHP plans in the study, Dr.
Only healthy infants who were delivered at term, had a normal birth weight and were continuously enrolled in a fee-for-service plan from age two months through two years were included.
With an indemnity, or fee-for-service plan, there is no network of preapproved providers, so an employee can choose to visit any doctor or hospital he or she wishes.
Julian says that McKesson's conversations with manufacturers concerning the fee-for-service plan have been positive, and he believes that supplier partners appreciate the fact that McKesson must be compensated for the value of programs and services it delivers.
The company withdrew Sterling Option 1, its Medicare private fee-for-service plan. Enrollees will be automatically removed Dec.