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FEE , an See also:estate in See also:land held of a See also:superior See also:lord on See also:condition of the performance of See also:homage or service (see See also:FEUDALISM). In See also:English See also:law " fee " signifies an estate of See also:inheritance (i.e. an estate descendable to the heirs of the grantee so See also:long as there are any in existence) as opposed to an estate for See also:life. It is divisible into three See also:species: (1) fee See also:simple; (2) conditional fee; (3) fee tail. (See ESTATE.) A fee See also:farm See also:rent is the rent reserved on granting a fee farm, i.e. land in fee simple, to be held by the See also:tenant and his heirs at a yearly rent. It is generally at least one-See also:fourth of the value of the land at the See also:time of its See also:reservation. (See RENT.) The word " fee " has also the sense of remuneration for services, especially the honorarium paid to a See also:doctor, lawyer or member of any other profession. It is also used of a fixed sum paid for the right to enter for an examination, or on See also:admission to member-See also:ship of a university or other society. This sense of the word is taken by the New English See also:Dictionary to be due to a use of " fee " in its feudal sense, and to represent a sum paid to the holder of an See also:office " in fee." The See also:etymology of the Med. See also:Lat. feudum, feodum or feum, of its See also:French See also:equivalent See also:fief, and English " fee," in Scots law " See also:feu (q.v.), is extremely obscure. (See the New English Dictionary, s.v. " Fee.") There is a See also:common See also:Teutonic word represented in Old English as fech or fee, in Old High See also:German as fehu, meaning See also:property in the shape of See also:cattle (cf. See also:modern Ger. Vieh, Dutch vee). The old See also:Aryan peku gives See also:Sanskrit papa, Lat. pecus, cattle, whence See also:petunia, See also:money. The O. Eng. feoh, in the sense of money, possibly survives in " fee," honorarium, though this is not the view of the New English Dictionary. The common explanation of the Med. Lat. feudum or feodum, of which See also:Ducange (Glossarium, s.v.) gives an example from a constitution of the See also:emperor See also: Additional information and CommentsThere are no comments yet for this article.
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