termination fees
Contract cancellation costs
Termination fees are charges imposed when someone ends a contract before its agreed-upon duration.
They appear in cell phone plans, gym memberships, leases, and business agreements: The early termination fee was three hundred dollars.
The fees compensate the other party for lost expected revenue and discourage customers from breaking commitments.
- cancellationVoiding of plans
- cancellation policyRules governing booking reversals
- penaltyPunishment for wrongdoing
- exitWay to leave
- contractEnforceable written agreement
service agreement · breakup · early · lease · wireless · cell phone plan · carrier · fine · charge · escape · buyout · clause · breach · cellphone · unlock · switching · prorated · waiver
- hidden chargesfine print, service charges
- Investment Feescommissions, transaction costs, operating expenses, administrative costs
- phone ratescall rates, phone bill, long distance, local rates, roaming charges
termination feesactivation fees
Charges to start service
setup fees · initiation fees · enrollment fees · monthly rate · subscription fees
termination feessign-on bonus
Payment for accepting employment
signup bonus · welcome bonus · loyalty rewards · waived fees · cashback offers
termination, term, terms, termed, terming, terminal, terminate, terminated, terminates