Definition of retaining fee in English:

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retaining fee

Pronunciation: /rəˈtāniNG/ Pronunciation: /rēˈtāniNG fē/

noun

Another term for retainer (sense 2).
Example sentences
  • The average annual retaining fee of a club professional is said to be around £16,000 and the members are paying for this.
  • Gradually the strength of the game moved towards the midlands and the north, where clubs were beginning to pay expenses and retaining fees.
  • The indenture records the terms on which a man was engaged to serve his lord; it would normally specify his wages and, if it was a long-service contract, his retaining fee.

For editors and proofreaders

Syllabification: re·tain·ing fee

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