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ORIGINATION FEE
Pronunciation (US): | (GB): |
I. (noun)
Sense 1
Meaning:
A fee charged to a borrower (especially for a mortgage loan) to cover the costs of initiating the loan
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("origination fee" is a kind of...):
fee (a fixed charge for a privilege or for professional services)