Hello,
I'm an ESL teacher and I recently read the words fee and payment to refer to "a certain amount of money you give to a service" and it's not clear for me what is the difference between them, although I notice they are not used in the same context most of the time.
Can somebody explain it to me?
My best wishes to everyone,
Carol
Fee VS Payment
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Re: Fee VS Payment
I agree it's little bit confusing. To me...ccosta wrote: ↑Sun Mar 22, 2020 2:23 am Hello,
I'm an ESL teacher and I recently read the words fee and payment to refer to "a certain amount of money you give to a service" and it's not clear for me what is the difference between them, although I notice they are not used in the same context most of the time.
Can somebody explain it to me?
My best wishes to everyone,
Carol
fee is more like an invoice/charge FROM a supplier
payment is the actual handover of money TO a supplier
Here is my payment for the annual membership fee.
They are faced with legal fees of $10,000 but cannot make a payment until next week.
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Re: Fee VS Payment
I agree with the first answer. I think in everyday English a fee is a sum of money that someone asks for. e.g a fee to be admitted to the movies.
A payment is , as its name implies, what you pay to get into the movies.
The person asking for money is charging a fee and the person paying the amount is making the payment.
Just to make life confusing the two words are often interchanged.
A payment is , as its name implies, what you pay to get into the movies.
The person asking for money is charging a fee and the person paying the amount is making the payment.
Just to make life confusing the two words are often interchanged.
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Re: Fee VS Payment
And here I was thinking I was one of the few who had to pay for college. Either my friends receive financial aid, or their parents do indeed cover all of their expenses. Like you, I've never taken a trip or gone on spring break; in fact, I haven't even gone to bars or clubs because I can't afford it. I rarely buy groceries and don't eat out just to pay my rent and tuition. I really appreciate the encouragement, so thank you.
Customers can be charged based on their consumption of the products or services that you provide with usage-based billing.