Administration Fee
Type: noun
Pronunciation: /ad-min-uh-stray-shun fee/
Also spelled or known as: Admin Fee, Administrative Fee
Plural: Administration Fees
Related: Admin Fee
What does Administration Fee mean? A fee charged to cover the cost of administering rights, royalty collections, registrations, accounting, licensing, or other professional business activities or services.
Administration fees are commonly outlined in publishing administration and rights management agreements.
Administration Fee synonyms: Admin Fee, Administrative Fee, Management Fee
Example sentence: “The agreement allows the administrator to retain a 10% administration fee.”
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