Admin Fee
Type: noun
Pronunciation: /ad-min fee/
Also spelled or known as: Administrative Fee, Administration Fee
Plural: Admin Fees
Related: Administration Fee
What does Admin Fee mean? A fee charged to cover the cost of administering rights, royalty collections, registrations, accounting, licensing, or other professional business activities or services.
In the music industry, admin fees may be deducted by publishers, administrators, distributors, collection societies, licensing agencies, or service providers.
Admin Fee synonyms: Administrative Fee, Administration Charge, Service Fee
Example sentence: “The publisher deducted an admin fee before distributing royalties.”
PRE-ORDER RECORDING BUSINESS DICTIONARY