The phrase "establishment fee" refers to a charge or cost that is required to set up or create a particular service or agreement. It is a one-time payment made at the beginning to cover the administrative and processing expenses.
Sentences with «establishment fee»
You can claim a deduction for borrowing expenses associated with purchasing your property, such as loan establishment fees, title search fees, and costs of preparing and filing mortgage documents. (ato.gov.au)
These deals usually have costly establishment fees, payment processing fees and monthly account fees. (moneysmart.gov.au)
They then charge you periodic maintenance or management fees, usually in addition to an up - front establishment fee. (yourfinancialrights.org)