Definition of retaining fee in English:

retaining fee

Syllabification: re·tain·ing fee

noun

  • another term for retainer ( sense 2).
    More 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.

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