Definition of origination fee in English:

origination fee

Line breaks: ori¦gin|ation fee

noun

Finance
  • 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.

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Word of the day milord
Pronunciation: mɪˈlɔːd
noun
used to address an English nobleman