Initiation Fee
/ɪˌnɪʃiˈeɪʃən fiː/
Definitions
- (n.) A fee paid upon entry or admission to a club, organization, or institution, often non-refundable and used to cover administrative costs.
The club requires an initiation fee before new members can participate in events.
Forms
- initiation fee
- initiation fees
Related terms
See also
Commentary
Typically fixed and distinct from ongoing membership dues; often established in bylaws or contractual terms.
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