application fee
A lender will charge an application fee to cover the costs to process a loan application.
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The following dictionary definition list is provided for clarification only. Note that many definitions are not directly applicable to mortgages, loans or other financial terminology in this glossary. Used with permission: WordNet 2.1 Copyright 2005 by Princeton University. All rights reserved.
application
Noun: application (a verbal or written request for assistance or employment or admission to a school) "December 31 is the deadline for applications"
Noun: application, practical application (the act of bringing something to bear; using it for a particular purpose) "he advocated the application of statistics to the problem"; "a novel application of electronics to medical diagnosis"
Noun: application, application program, applications programme (a program that gives a computer instructions that provide the user with tools to accomplish a task) "he has tried several different word processing applications"
Noun: application, coating, covering (the work of applying something) "the doctor prescribed a topical application of iodine"; "a complete bleach requires several applications"; "the surface was ready for a coating of paint";
Noun: lotion, application (liquid preparation having a soothing or antiseptic or medicinal action when applied to the skin) "a lotion for dry skin"
Noun: application, diligence (a diligent effort) "it is a job requiring serious application"
fee
Noun: fee (a fixed charge for a privilege or for professional services)
Noun: fee (an interest in land capable of being inherited)
Verb: tip, fee, bung (give a tip or gratuity to in return for a service, beyond the compensation agreed on) "Remember to tip the waiter"; "fee the steward"
- application fee -
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