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origination fee

Line breaks: ori¦gin|ation fee

Definition of origination fee in English:

noun

Finance
A fee charged by a lender on entering into a loan agreement to cover the cost of processing the loan.
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:

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