Administrative Fee
Type: noun
Pronunciation: /ad-min-is-stray-tive-fee/
Also spelled or known as: Admin Fee, Administration Fee
Plural: Admin Fees
Related: Admin Fee, Administration Fee
What does Administrative 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.
Administrative Fee synonyms: Admin Fee, Administration Fee, Administration Charge, Service Fee
Example sentence: “The publisher deducted an administrative fee before distributing royalties.”
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