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Annual Fee: Definition, Examples, and Usage

Meaning 1:yearly charge (annual fee)

annual fee 🔊
/ˈænjuəl fiː/
名词短语 (n. phr.)
A fixed amount of money you pay once a year for a service or membership.
Credit card with annual fee $99 shown on statement
yearly charge 🔊
/ˈjɪrli tʃɑːrdʒ/
名词短语 (n. phr.)
A payment made once every year for a service or privilege.
📁 Category:Social Economy 🔖 Level:intermediate

📘 Details & Usage

📖 Root Explanation
From Latin 'annus' (year) + Old English 'feoh' (property).
💡 Mnemonic
Think 'annual' = 'yearly', 'fee' = 'cost'; each year you pay the cost for a service.
📖 Example
Many premium credit cards charge an annual fee, but they offer great travel rewards in return. 🔊 Many premium credit cards charge an annual fee, but they offer great travel rewards in return.
🔗 Collocations
annual fee waiver – the act of canceling or not charging the annual fee
annual fee payment – the process of paying the annual fee
no annual fee – without an annual fee requirement
🔄 Synonyms
yearly subscription (noun phrase) – A recurring payment made each year for continued access to a service.
membership dues (noun phrase) – Regular payments required to maintain membership in an organization.
recurring charge (noun phrase) – A fee that appears on a regular basis, typically annually.
🚫 Antonyms
one-time fee (noun phrase) – A single payment that does not recur yearly.
free membership (noun phrase) – Access to a service without any cost.
no-fee account (noun phrase) – An account that does not charge any annual fees.
🌱 Derivatives
annually (adverb) – Once every year.
fee-based (adjective) – Charging a fee for services.
📖 Cultural Story
Annual fees became common with 18th-century subscription publications, later adopted by credit cards and membership clubs as a recurring revenue model.
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