Sentences with phrase «initiation fee»
An initiation fee is a one-time payment or charge that someone has to pay to join a club, organization, or group. It is like a membership fee that you have to pay upfront when you want to become a part of the group. Full definition
Many lenders will charge loan initiation fees of 1 % — 5 % of the requested loan amount, which can reduce or eliminate the savings gained from your loan consolidation.
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Unfortunately, your dues (including initiation fees) for membership in any club organized for business, pleasure, recreation, or other social purposes are not deductible as a business expense.
And the best thing is that, after a small initial initiation fee, you only pay a small fee for each negative item deleted from your report.
This has the same negative impact as a hefty initiation fee.
Membership to Club Spring Mountain comes in at different levels, the most general of which requires a one - time initiation fee of $ 15,000, a monthly fee of $ 200, and a day - use fee of $ 60.
(c) Applicants will have 30 days from date of notification of acceptance to pay initiation fees and dues in an amount set by the Board of Directors.
Ritzier facilities can get away with initiation fees as high as $ 5,000, but the way to boost revenues here is by signing up lots of new members and then giving them plenty of pricey lessons.
Discounts: Save up to $ 50 on initiation fee and up to $ 55 on annual membership with elite status or an Alaska Airlines credit card.
Once the Initial Process Initiation fee is paid, it would not be refundable.
Members paid a Board initiation fee of $ 500 and a monthly MLS charge of $ 29 per listing book.
That means their operators pay annual dues, just like bricks - and - mortar realtors, and a $ 5,000 initiation fee which Richardson testified he considers an equity stake in the MLS system.
A $ 5 (US) initiation fee also applies to all new applications.
Please look into one of our Instructional Packages which helps to eliminate the Membership Initiation Fee.
PRICE RANGE: It's a private club, and membership fees run around $ 125 a month after a $ 1,000 dollar initiation fee, lowered to $ 300 for members of Congress and government officials, according to Harper's Magazine.
And while the $ 25,000 initiation fee discourages arrivistes, you must have at least five current members vouch for you.
Today, thanks to advertising and a waived $ 100 initiation fee special, club officials will be happy to sign up about 400 families, said Danny Zebolz, facilities manager.
As part of the grand opening celebration, the park district will waive initiation fees of $ 50 to $ 100 for anyone who enrolls before May 1.
A McClatchy investigation through documents and interviews found that Trump has been benefitting from memberships at his various clubs — which include initiation fees worth as much as $ 450,000 per person — for years while still accepting refundable deposits.
Currently, jails charge a 50 cent initiation fee and 5 cents for each minute after that.
(Initiation fees vary by club, but they range between $ 39.99 - $ 89.99.)
An illustrative example of a loan at an interest rate of 27.50 % per annum would be: Loan amount R50, 000.00 plus a once - off initiation fee of R1, 207.50 and a monthly admin fee of R69.00, over 60 months.
Until you've thoroughly vetted a credit consolidation company and agreed to work with them, seen all their paperwork and signed a contract (hopefully one you've had checked out by a lawyer), you should not give anyone your bank account number for any setup fees, analyzing fees or «contact initiation fees.»
If you have the option to get the card, it could very well be worth the large $ 2,500 annual fee and $ 7,500 initiation fee if you travel frequently and your time is highly valuable to you.
* Reactivation of membership requires payment of either current initiation fee or back dues, which ever is lower.
An annoying initiation fee of $ 50 (or 7,000 miles) is tacked on for new members.
United also charges a $ 50 new member initiation fee, so keep that in mind.
These fees include Transfer duties, deed office fees and levies, municipal rates, bank charges, bond initiation fees, home insurance costs as well as the monthly administration fee that is charged by the bank, moving costs and the cost of maintaining the property.
Ask if they'll waive that exorbitant initiation fee, or throw in some guest passes or a couple of personal - training sessions for free.
There is a one - time initiation fee of $ 100.00 for new members; monthly dues are $ 55.00.
Currently, new cardmembers must pay a $ 7,500 initiation fee as well as a $ 2,500 annual fee.
That includes the annual percentage rate, the repayment terms, and any initiation fees.
Exclusivity is serious business at this luxury chain — one its clubs, a men's only mecca for 1,200 members that include Gordon Lightfoot, charges an initiation fee of $ 1,500.
Its initiation fee, on the other hand, is much higher — about $ 4,000 to $ 9,000, depending on age — and reflects the fact that Terminal City is popular with Vancouver's finance sector.
One hundred family members ante up $ 60 monthly (on top of a $ 200 initiation fee) to play year - round on this club's six clay and two hard courts.
The initiation fee has been $ 100,000 since 2012.
And small business owners need to take a serious look at their terms, which can include extremely high interest rates and initiation fees, before biting on one of the numerous offers sure to be coming your way.
On Jan. 1, the resort doubled its initiation fee to $ 200,000, people close to the resort first told CNBC.
He has benefited greatly from these initiation fees for years, breaking with the norm for such clubs by taking the money for himself, according to documents and interviews.
Membership fees are low (the initiation fee is only $ 560), but the price of building lots is high, up to $ 70,000.
In general, country clubs have attempted to make up the deficit by increasing dues (theaverage club dues have almost doubled in the past 10 years, from $ 200 to $ 360), raising the initiation fee (the average fee has almost tripled to $ 1,000 in thesame period of time) or simply assessing the members for the difference.
There are virtually no municipal courses, and membership in a private club involves an initiation fee of $ 4,000.
What all this boils down to is that present NBA club management is perfectly willing to let Marion join the fraternity, but the initiation fee — in terms of several years of struggle to assemble a respectable team — may be much higher than even a St. Louis millionaire anticipated.