APPLICATION FEE Meaning and
Definition
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An application fee refers to a non-refundable monetary charge imposed by an organization, establishment, or institution when receiving applications for a particular service, program, or opportunity. It is a common practice in numerous sectors, from education and employment to rental properties and loan applications.
Typically, an application fee is required to cover the administrative costs associated with processing an application. The fee aims to ensure that only serious and committed candidates or applicants proceed with the application process, helping to deter individuals who may apply without genuine intent or appropriate qualifications.
Application fees are often used in the context of educational institutions such as schools, colleges, and universities. Students applying for admission are usually subjected to an application fee to cover administrative expenses like evaluating transcripts, processing paperwork, and conducting necessary background checks.
Furthermore, application fees can also be associated with rental properties, where prospective tenants are required to pay a fee when submitting their application. This fee goes towards the costs of background checks, reference verification, credit checks, and other administrative tasks involved in the tenant screening process.
It is important to note that application fees are generally separate from any additional charges, dues, or tuition fees that may be required upon acceptance or enrollment. This fee is intended solely for application processing and is often non-refundable, regardless of the outcome of the application.
Common Misspellings for APPLICATION FEE
- zpplication fee
- spplication fee
- wpplication fee
- qpplication fee
- aoplication fee
- alplication fee
- a0plication fee
- apolication fee
- apllication fee
- ap0lication fee
- appkication fee
- apppication fee
- appoication fee
- applucation fee
- appljcation fee
- applkcation fee
- applocation fee
- appl9cation fee
- appl8cation fee
- applixation fee
Etymology of APPLICATION FEE
The word "application fee" is a compound noun consisting of two components: "application" and "fee".
1. "Application" originates from the Latin word "applicare", which means "to apply" or "to join". In English, it began being used in the 16th century to refer to the act of applying oneself or requesting something.
2. "Fee" comes from the Old English "feoh" or "feo", meaning property, cattle, or payment. It has Germanic roots and has been in use since the Middle Ages. Over time, it evolved to specifically refer to a payment required for a service or privilege.
When combined, "application fee" refers to the payment required when submitting an application for a particular service, program, or opportunity.
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