Fee Income

Fee Income

Revenue taken in by financial institutions from account-related charges to customers. Charges that generate fee income include non-sufficient funds fees, overdraft charges, late fees, over-the-limit fees, wire transfer fees, monthly service charges, account research fees and more. Credit unions, banks and credit card companies are types of financial institutions that earn fee income.

Financial institutions earn a significant portion of their income from fees, also called non-interest income. Interest income, which is money earned by lending out customers' deposits in the form of mortgages, small business loans, lines of credit, personal loans, student loans and by allowing customers to carry a credit card balance makes up another significant portion of financial institutions' income.


Investment dictionary. . 2012.

Игры ⚽ Нужен реферат?

Look at other dictionaries:

  • fee — noun ADJECTIVE ▪ exorbitant, fat (informal), hefty, high, huge, large, substantial ▪ I expect you had to pay a fat fee to your divorce lawyers …   Collocations dictionary

  • Fee tail — Entail redirects here. For other uses, see Entail (disambiguation). Property law …   Wikipedia

  • fee — A fixed amount or a percentage of an underwriting or principal. Bloomberg Financial Dictionary * * * fee fee [fiː] noun 1. [countable] COMMERCE an amount of money paid to a professional person or organization for their services: • If you want… …   Financial and business terms

  • Fee — For other uses see Fee (disambiguation) A fee is the price one pays as remuneration for services. Fees usually allow for overhead, wages, costs, and markup. Traditionally, professionals in Great Britain received a fee in contradistinction to a… …   Wikipedia

  • Income tax in India — The Indian Income Tax department is governed by the Central Board for Direct Taxes (CBDT) and is part of the Department of Revenue under the Ministry of Finance.The government of India imposes an income tax on taxable income of individuals, Hindu …   Wikipedia

  • income — noun ADJECTIVE ▪ high, large ▪ six figure (esp. AmE) ▪ The business provided him with a six figure income. ▪ sufficient ▪ average …   Collocations dictionary

  • Fee fixing scandal — In September 2005, fifty British Independent schools were found guilty of operating a fee fixing cartel by the Office of Fair Trading. The OFT found that the schools had exchanged details of their planned fee increases over three academic years… …   Wikipedia

  • income — n 1. returns, revenue, incomings, receipts, gross; annuity, pension, subsidy, allowance; profits, gain, yield, interest; winnings, Sl. velvet, Sl. take, proceeds, net, Sl. clean up, pickings, Sl. gravy. 2. wages, salary, pay, Brit. Sl. get;… …   A Note on the Style of the synonym finder

  • Non-Interest Income — Bank and creditor income derived primarily from fees. Examples of non interest income include deposit and transaction fees, insufficient funds (NSF) fees, annual fees, monthly account service charges, inactivity fees, check and deposit slip fees …   Investment dictionary

  • Projected fee —   Anticipated fee income based upon past and/or future transactions …   International financial encyclopaedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”