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What is the meaning of charges and fees?

A fee is a compensantion paid for an act or service performed by someone. A charge is an amount paid for other items. For example, if you rent a car, you could have to pay a fueling fee for the act of taking the car to the station and fueling it, and a fuel charge for the actual fuel used.

What is a rate and fee schedule?

The fee schedule of allowed amounts is set by each insurance company, and is the rate that a provider agrees to accept as payment for any clients with that insurance.

Are fees and costs the same thing?

Lawyers usually charge their clients for their services (fees) and expenses that they have paid on the clients behalf (disbursements). Disbursements may include court fees. Together these charges (lawyers fees and disbursements) are known as costs.

Are rates and fees the same?

ing to Cambridge Dictionary, fee is an amount of money that you pay to do or use something, and rate is a FIXED amount of money given for something.

What are the examples of fees and charges?

Fees and Charges means any sales charges, distribution fees, management fees, administrative fees, account set-up or closing charges, surrender charges, transfer fees, insurance fees or any other fees, charges or expenses whether or not contingent or deferred which are or may be payable in connection with the

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