Kill Fee
Type: noun
Pronunciation: /kil-fee/
Also spelled or known as: Cancellation Fee
Plural: Kill Fees
Related: Contract
What does Kill Fee mean? A payment owed when a project is canceled after work has started.
In music, Kill Fees may apply to commissioned songs, scores, videos, artwork, performances, or production work.
Kill Fee synonyms: Cancellation Fee, Termination Fee, Project Cancellation Payment
Example sentence: “The producer received a kill fee after the campaign was canceled.”
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