Definition of origination fee in English:

origination fee

Syllabification: o·rig·i·na·tion fee
Pronunciation: /əˌrijəˈnāSH(ə)n ˌfē


A fee charged by a lender on entering into a loan agreement to cover the cost of processing the loan.
More example sentences
  • Lenders make less money from service and origination fees than they do on interest income.
  • The bill calls for the gradual reduction in loan origination fees, eventually paring down the fees to one percent.
  • If it's higher than what you were promised, the bank may have slipped in an origination fee or given you a higher interest rate.

Definition of origination fee in:

Get more from Oxford Dictionaries

Subscribe to remove adverts and access premium resources

Word of the day oleaginous
Pronunciation: ˌəʊlɪˈadʒɪnəs
rich in, covered with, or producing oil; oily