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Fee

A Fee is a financial charge for a particular service, or a charge exceeding basic or normal costs.

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Financial institutions impose fees on their customers as a way of improving their profit margins. Fees are frequently imposed on checking accounts, credit cards, mutual funds, etc. Usually fees are a way of getting extra money from customers who are not paying attention or who routinely exercise poor judgment. A mutual fund load is a particularly heinous form of fee. That is probably why it is called a "load."

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