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Maintenance fee

 
Banking Dictionary: Maintenance Fee

Periodic charge to maintain an account, such as a credit card annual fee or a monthly checking account service charge, to cover the cost of servicing the account and statement preparation. Checking account fees may be waived if the customer keeps a certain minimum balance.

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Real Estate Dictionary: Maintenance Fee
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An assessment by a Homeowners' Association or a Condominium Owners' Association to pay costs of operating the Common Elements.
Example: A condominium association assesses each owner a maintenance fee of $100 per month for lawn maintenance and insurance costs.

Wikipedia: Maintenance fee
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A maintenance fee, beyond the self evident meaning of 'a charge for maintaining something' can refer specifically to;


 
 

 

Copyrights:

Banking Dictionary. Dictionary of Banking Terms. Copyright © 2006 by Barron's Educational Series, Inc. All rights reserved.  Read more
Real Estate Dictionary. Dictionary of Real Estate Terms. Copyright © 2004 by Barron's Educational Series, Inc. All rights reserved.  Read more
Wikipedia. This article is licensed under the Creative Commons Attribution/Share-Alike License. It uses material from the Wikipedia article "Maintenance fee" Read more