express fee
Also known as a 'courier fee,' this is the cost incurred by an escrow company when using an overnight courier service to expedite the payoff of an existing loan. This is typically for refinance transactions.
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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.
express
Noun: express, expressage (rapid transport of goods)
Noun: express, express mail (mail that is distributed by a rapid and efficient system)
Noun: express, limited (public transport consisting of a fast train or bus that makes only a few scheduled stops) "he caught the express to New York"
Verb: express, show, evince (give expression to) "She showed her disappointment"
Verb: express, verbalize, verbalise, utter, give tongue to (articulate; either verbally or with a cry, shout, or noise) "She expressed her anger"; "He uttered a curse"
Verb: express, state (indicate through a symbol, formula, etc.) "Can you express this distance in kilometers?"
Verb: carry, convey, express (serve as a means for expressing something) "The painting of Mary carries motherly love"; "His voice carried a lot af anger"
Verb: express (manifest the effects of (a gene or genetic trait)) "Many of the laboratory animals express the trait"
Verb: press out, express, extract (obtain from a substance, as by mechanical action) "Italians express coffee rather than filter it"
Verb: express (send by rapid transport or special messenger service) "She expressed the letter to Florida"
Adjective: express (not tacit or implied) "her express wish"
Adjective: express (without unnecessary stops) "an express train"; "an express shipment"
Adverb: express (by express) "please send the letter express"
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"
- express fee -
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