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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.
Fee-for-service (FFS) is a payment model where services are unbundled and paid for separately. In health care, it gives an incentive for physicians to provide more treatments because payment is dependent on the quantity of care, rather than quality of care.
The Universal Service Fund (USF) is a system of telecommunications subsidies and fees managed by the United States Federal Communications Commission (FCC) intended to promote universal access to telecommunications services in the United States.
A basic telephone service pays a pre-determined fee for monthly use. Still, it may have extra charges for other services such as long-distance calls, directory, and pay-per-call services. When the basic service is offered free of charge, this business model is often referred to as Freemium.
"Shareholder Service Fees" are fees paid to persons to respond to investor inquiries and provide investors with information about their investments. Shareholder Servicing Fees can be paid inside or outside of a Rule 12b-1 Plan. Funds can charge up to 0.25% in distribution fees and still describe themselves as "no-load".
Service (economics) A restaurant waiter is an example of a service-related occupation. A service is an act or use for which a consumer, firm, or government is willing to pay. [1] Examples include work done by barbers, doctors, lawyers, mechanics, banks, insurance companies, and so on. Public services are those that society (nation state, fiscal ...
A service bureau is a company that provides business services for a fee. The term has been extensively used to describe technology-based services to financial services companies, particularly banks. [1]
Customer service fee. The customer service fee (also known as a maintenance fee) can be charged by some providers to pay for the cost of customer service. Also referred to as a "merchant support fee", "customer support fee", or simply, "service fee" by some merchant providers. Annual fee
A flat fee, also referred to as a flat rate or a linear rate refers to a pricing structure that charges a single fixed fee for a service, regardless of usage. Less commonly, the term may refer to a rate that does not vary with usage or time of use.
Service economy can refer to one or both of two recent economic developments: The increased importance of the service sector in industrialized economies . The current list of Fortune 500 companies contains more service companies and fewer manufacturers than in previous decades.