Fee

A fee is the price one pays as remuneration for rights or services. Fees usually allow for overhead, wages, costs, and markup.

Traditionally, professionals in Great Britain received a fee in contradistinction to a payment, salary, or wage, and would often use guineas rather than pounds as units of account. 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. UPS and FedEx have recently begun surcharges for fuel.

Restaurants and banquet halls charging service charges in lieu of tips must distribute them to their wait staff in some US states (e.g., Massachusetts, New York, Montana), but in the State of Kentucky may keep them.

Fief

A fief (Latin: feudum) was the central element of feudalism and consisted of heritable property or rights granted by an overlord to a vassal who held it in fealty (or "in fee") in return for a form of feudal allegiance and service, usually given by the personal ceremonies of homage and fealty. The fees were often lands or revenue-producing real property held in feudal land tenure: these are typically known as fiefs or fiefdoms. However, not only land but anything of value could be held in fee, including governmental office, rights of exploitation such as hunting or fishing, monopolies in trade, and tax farms.

Terminology

In ancient Rome a "benefice" (from the Latin noun beneficium, meaning "benefit") was a gift of land (precaria) for life as a reward for services rendered, originally, to the state. In medieval Latin European documents, a land grant in exchange for service continued to be called a beneficium (Latin). Later, the term feudum, or feodum, began to replace beneficium in the documents. The first attested instance of this is from 984, although more primitive forms were seen up to one hundred years earlier. The origin of the feudum and why it replaced beneficium has not been well established, but there are multiple theories, described below.

Fee (band)

Fee was a Christian rock and Contemporary worship music band from Alpharetta, Georgia, United States named for the group's founder and front-man Steve Fee. Fee is most known for their hit single, "All Because of Jesus", which peaked at No. 2 on Billboard's Hot Christian AC Chart, and at No. 4 on the Hot Christian Songs chart.

History

In January 2007 Fee released their second independent record, Burn For You.

We Shine

On September 25, 2007, Fee released their major-label debut under the name Fee titled We Shine with INO Records.

Hope Rising

In December 2008, Fee went back to the studio to begin production on their third studio album. The new album, titled Hope Rising, was released on October 6, 2009.

Breakup

In April 2010, they stopped playing shows, canceled their upcoming tour, and halted their regular updates of their website. No official announcement explaining this was made. The group has since disbanded and their website has been taken down. Since then, both the band and Steve Fee have been dropped from their label, INO Records.