early termination fees

Contract exit costs

Early termination fees are charges imposed when you cancel a contract before its scheduled end date.

Common with cell phone plans, gym memberships, and leases, they compensate the provider for revenue they expected to receive: The early termination fee was $200 for each month remaining on the contract.

Often abbreviated ETF.

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contractual cost direction

early termination feesrefund

Money returned after purchase

rebate · reimbursement · cashback · credit · signing bonus

contract commitment incentives

early termination feesloyalty rewards

Benefits for continued patronage

retention bonus · loyalty bonus · loyalty discount

contract flexibility

early termination feesfree cancellation

cancel anytime · flexible terms · no strings attached

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