origination fee
[ aw-rij-uh-ney-shuhn fee, o-rij‐ ]
nounFinance.
a fee charged by a lender for evaluating and processing a loan application, typically a one-time fee taken out up-front as a percentage of the face value of the loan.
Origin of origination fee
1First recorded in 1960–65
Words Nearby origination fee
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024
How to use origination fee in a sentence
These RALs impose interest on the full amount of the loan and in some cases charge origination fees.
Where Is My Tax Refund? | by Kristen Doerer for ProPublica and Karim Doumar | March 23, 2021 | ProPublicaHarrington said that arrangement incentivized those lenders to “make larger loans for larger firms” that would earn them larger origination fees.
‘Poorly designed and irresponsibly run’: PPP scrutiny mounts after SBA data dump | reymashayekhi | December 11, 2020 | Fortune
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