The phrase "administration charge" refers to a fee or cost that you have to pay for the management and processing tasks involved in handling a particular service or transaction. Full definition
If settlement option is selected, policy administration charge of Rs 40 per month will be deducted. (comparepolicy.com)
This can help avoid their lack of consent to an agreement, as well as their fees and administration charges in the event that they do consent to the settlement. (vealelaw.com)
Choice of 8 different funds with no premium allocation and policy administration charges with unlimited free switches. (coverfox.com)