legal definition of activation fee
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- Activation Fee. Activation Fee. A one-time fee a company charges upon the creation of a new account. For example, a cellular phone company or an Internet service provider may assess an activation fee in addition to the first month's bill. The activation fee is intended to compensate the company for the expenses associated with setting up the account.
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Florida vehicle impact fee declared unconstitutional Reports that the Florida Supreme Court has declared the unconstitutionality of the $295 impact fee that has been charged to persons relocating and registering their vehicles in Florida. Violation of the commerce clause of the US Constitution.
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- What is a 'Commitment Fee'. A commitment fee is a fee charged by a lender to a borrower for an unused credit line or undisbursed loan. A commitment fee is generally specified as a fixed percentage of the undisbursed loan amount. The lender charges a commitment fee as compensation for keeping a line of credit open or to guarantee a loan at a specific date in future.
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- DEFINITION of 'Origination Fee'. An up-front fee charged by a lender for processing a new loan application, used as compensation for putting the loan in place. Origination fees are quoted as a percentage of the total loan and are generally between 0.5% and 1% on mortgage loans in the United States. Next Up.
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What Is Product Activation? Product activation (often just activation) is the procedure by which a piece of software or operating system is proven to be legitimately installed. From a technical perspective, product activation usually means combining a product key or serial number with unique information about a computer and sending that data to the software maker over the internet.
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- Initiation fees are paid in addition to the actual membership dues or fees. If an initiation fee is paid in full prior to October 1, 2006, there is no tax due because the sale of the initiation is deemed to have taken place prior to October 1.
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- A: 47 U.S.C. §159 establishes four broad categories of Commission activities as regulatory. The statute then requires the FCC to assess and collect fees to recover the costs of these activities. Thus, the fees that cover the costs of these four types of activities are called regulatory fees. Regulatory fees are distinct from application fees, which are authorized in 47 U.S.C. §158.
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Retainer Law and Legal Definition Retainer Law and Legal Definition. A retainer fee is the fee which detains an attorney for legal counsel. With this fee, the attorney is certain of the seriousness of your intentions and can take your case to heart.
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Acquisition Fee For additional information about car lease acquisition fees and other leasing charges and sales taxes, see Lease Fees and Taxes. The term, acquisition fee, as it relates to car leasing, refers to an administrative fee that is included in all leases.It is sometimes called a “bank fee” or “assignment fee.” The fee is sometimes not disclosed in a lease contract.An acquisition fee is charged by lease companies, not dealers.n many leases, the fee is simply added to capitalized cost, which is the amount being financed in the lease. It appears in a lease contract as “gross capitalized cost” which includes the cost of the vehicle with the acquisition fee added, but often not itemized. In this respect, it is a “hidden” fee.
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license fee Switch to new thesaurus. license tax, licensing fee. medical specialty, medicine - the branches of medical science that deal with nonsurgical techniques. fee - a fixed charge for a privilege or for professional services.
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Annual Fee Annual Fee. A fee that a company assesses on a customer simply for being a customer. Annual fees are most common in the financial industry. For example, a credit card company may charge a customer an annual fee of $60 in order to keep that customer's card active.
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activation activation. 1. the act or process of rendering active. 2. the transformation of a proenzyme into an active enzyme by the action of a kinase or another enzyme. 3. the process by which the central nervous system is stimulated into activity through the mediation of the reticular activating system.
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- Product activation is validation with Microsoft to confirm that software is genuine and that its product key is not compromised. It is similar to the activation of credit cards or new mobile phones.
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- (ix) A statement that the attorney has paid the registration fee to the Clerk of the Supreme Court in compliance with subdivision (a)(3) of this rule, together with a copy of the payment receipt and temporary admission attorney number issued by the Clerk of the Supreme Court pursuant to subdivision (3).
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- A contingent fee (in the United States) or conditional fee (in England and Wales) is any fee for services provided where the fee is payable only if there is a favourable result.In the law, it is defined as a fee charged for a lawyer's services only if the lawsuit is successful or is favorably settled out of court....Contingent fees are usually calculated as a percentage of the client's net recovery.. In the English legal system, it is generally referred to as no win no fee. contingent fee (in the United States) or conditional fee (in England and Wales) is any fee for services provided where the fee is payable only if there is a favourable result. In the law, it is defined as a fee charged for a lawyer's services only if the lawsuit is successful or is favorably settled out of court....
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- An activation fee is typically a set amount for any account. However, an origination fee usually varies from 0.5% (half a point) to 2% (two points) of a given loan amount, depending on whether the loan was originated in the prime or the subprime market.For example, an origination fee of 3% on a £200,000 loan is £6,000.owever, an origination fee usually varies from 0.5% (half a point) to 2% (two points) of a given loan amount, depending on whether the loan was originated in the prime or the subprime market.
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Lease Fee Law and Legal Definition Lease Fee Law & Legal Definition. Lease fee is defined as an ownership interest held by a landlord with the right of use and occupancy conveyed by lease to others; usually consists of the right to receive rent and the right to repossession at the termination of lease.or example, a single-family owner-occupied property has fee simple property rights that are absolute and unencumbered, unlike a leasehold estate where property rights are limited to use and occupancy for a stated term.
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Beware of Dealers That Markup the Lease Acquisition Fee One of those things is the lease acquisition fee (also referred to as the Lease Inception fee or Origination Fee). This is a fee charged by the leasing company to cover their initial administrative costs-or so they say.It's really just an additional profit source.ne of those things is the lease acquisition fee (also referred to as the Lease Inception fee or Origination Fee). This is a fee charged by the leasing company to cover their initial administrative costs-or so they say.
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- There are cellphone companies that would agree to waiving the activation fee, provided that you agree to a certain lock-in period. Normally this lock-in period would be a minimum of 30 months, even longer, depending on how much the activation fee is.
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What is a 'Convenience Fee' DEFINITION of 'Convenience Fee'. A charge assessed by a payee when a consumer pays with a credit card rather than by check or Automated Clearing House (ACH) transfer.Convenience fees can be a fixed dollar amount or a percentage of the transaction amount (usually 2% to 3%) and must be disclosed to the consumer in advance.redit card convenience fees are not the same as credit card surcharges, which are the charges some merchants impose on consumers who pay with credit instead of cash.
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- LINK / CITE ADD TO WORD LIST. verb. A remote is used to activate the DVD player. A remote is used to activate the DVD player. The definition of activate means to start something. An example of activate is when the “play” button is pushed on the DVD player and it starts to play the disk. -·vat·ed, -·vat·ing. 1  to make active; cause to engage in activity.
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Verizon raises sneaky 'activation fee' to $40 But everybody does it. Last June, AT&T increased its own activation fee to $40 for all customers buying devices on a subsidized two-year plan. However, as with Verizon, AT&T users can get around the charge by purchasing devices on the AT&T Next early upgrade program for $0 down.
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Fee Under the feudal system, a Knight's fee was what was given to a knight for his service, usually the usage of land. A contingent fee is an attorney's fee which is reduced or not charged at all if the court case is lost by the attorney. A service fee, service charge, or surcharge is a fee added to a customer's bill. The purpose of a service charge often depends on the nature of the product and corresponding service provided. Examples of why this fee is charged are: travel time expenses, truck rental fees, liability and workers' compensation insurance fees, and planning fees.
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"Directive 01-5: ""Acquisition Fees"" in Motor Vehicle Leases" Directive: Separately stated, mandatory acquisition fees charged by a lessor to a lessee in connection with the lease of a motor vehicle are subject to tax, regardless of whether they are capitalized over the term of the lease or paid up-front at the origination of the lease. Discussion of Law:
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What Is the Meaning of Securitization? Securitization refers to the process of turning assets into securities -- financial instruments that can be readily bought and sold in financial markets, the way stocks, bonds and futures contracts are traded.ecuritization. Securitization turns mortgages into liquid assets. The process works like this: A bank or other institution gathers hundreds or thousands of mortgages into a pool.. It then divides that pool into shares and sells those shares as securities.
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FREQUENTLY ASKED QUESTIONS What is the Federal Regulatory Fee? The Federal Regulatory Fee (FRF) is a fee separate from the UCC and recovers amounts paid to the federal government for regulatory costs and telecommunications services for the hearing impaired. Effective September 1, 2015, the Federal Regulatory Fee increased from 2.27% to 3.30%.