completion fee

USAGE SUMMARY

The phrase "completion fee" is correct and usable in written English.
It can be used in contexts related to finance, contracts, or services where a fee is charged upon the completion of a task or project. Example: "The contractor will charge a completion fee once the renovation work is finished."

✓ Grammatically correct

Formal & Business

Academia

News & Media

Human-verified examples from authoritative sources

Exact Expressions

10 human-written examples

Employers receive a completion fee of £2,700 per degree from the government.

The Guardian

There is a £1,300 completion fee and £195 booking fee to pay.

The Guardian - Money

There is no booking fee, standard valuation fee or completion fee.

Independent

And then there is the $1.25 million completion fee that FTI will get at the end of the case.

The New York Times

Providers are paid a "start fee" for each participant, a "completion fee" (paid at two rates - 30% for a participant who spends between 12 and 20 weeks on a placement and 100% for between 21 and 26 weeks) and, if appropriate, a "job outcome fee" (paid at the point when a participant has been off benefits and in work for 26 out of 30 weeks).

The Guardian

Failure to comply with the pre-entrance health requirements prior to your arrival on campus will block you from adding or dropping classes, interrupt your orientation and may result in a $100 health form completion fee.

Johns Hopkins University

Human-verified similar examples from authoritative sources

Similar Expressions

50 human-written examples

The Skipton and Hanley Economic building societies offer 90% two-year fixes priced at 3.99% and 4.09% respectively, though the Skipton loan boasts no application or completion fees, plus you get £160 cashback following completion, while the Hanley Economic deal carries a £200 booking fee.

The Guardian - Money

Some lenders refer to them as arrangement fees, others as product fees, booking fees, completion fees or administration fees.

BBC

When a contractor and client agree on work product, timelines for completion and fee amounts, this agreement can be entered into a block where it is unchangeable without agreement by both parties added to a new block.

Forbes

The admission procedure in any institute starts from the filling of application to the completion of fees deposition wherein there is a series of essential formalities to be completed.

Journal of Industrial Engineering International

Completion of a fee waiver request form does not guarantee that your application fee will be waived.

Columbia University

Expert writing Tips

Best practice

When discussing financial agreements, clearly specify what triggers the "completion fee" to avoid ambiguity. For instance, define the exact deliverables or conditions that must be met for the fee to be applicable.

Common error

Avoid vaguely defining what constitutes "completion". This can lead to disputes over whether the "completion fee" is actually due. Ensure all parties have a clear understanding of the completion requirements.

Linguistic Context

The phrase "completion fee" functions as a noun phrase, acting as a label for a specific type of charge. Ludwig examples demonstrate its use in financial and contractual contexts, indicating a fee due upon fulfillment of agreed-upon terms.

Expression frequency: Uncommon

Frequent in

Formal & Business

33%

Academia

33%

News & Media

33%

Less common in

Science

0%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

The phrase "completion fee" is a grammatically sound and professionally appropriate term used to describe a charge due upon the successful completion of a task, project, or agreement. Ludwig's analysis, together with examples from reliable sources, indicates it’s common in business, academic and news contexts. While other options like "final payment" or "settlement fee" exist, "completion fee" clearly ties the payment to the fulfillment of agreed-upon terms. Ensure clarity when defining "completion" to prevent later disputes. In summary, "completion fee" is a useful phrase when well-defined and consistently applied.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

Final payment

Focuses on the payment being the last one, emphasizing the transactional aspect.

Settlement fee

Implies a fee associated with the final settlement of an agreement or contract.

Project closeout fee

Specifically refers to a fee charged at the end of a project.

Service completion charge

Highlights that the fee is charged after a service has been fully rendered.

End-of-term payment

Relates to payments at the end of a defined period, like a contract or academic term.

Final service fee

Emphasizes the fee as the last one for a specific service provided.

Contract fulfillment fee

Indicates a fee that is paid when all obligations of a contract are met.

Project delivery fee

Focuses on the delivery of a project as the trigger for the fee.

Milestone achievement fee

Highlights that a milestone has been achieved, leading to the charge.

Job completion fee

Specific to jobs or tasks, emphasizing the fee's relation to finishing the work.

FAQs

How can I use "completion fee" in a sentence?

You can use "completion fee" in sentences like: "The contract includes a "completion fee" payable upon successful delivery of the project" or "The lender charges a "completion fee" at the end of the loan term".

What's the difference between "completion fee" and "service fee"?

A "completion fee" is specifically charged upon the successful completion of a task or project, whereas a "service fee" covers the cost of providing a service and may be charged periodically or at different stages.

What are some alternatives to saying "completion fee"?

Alternatives include "final payment", "settlement fee", or "project closeout fee", depending on the specific context.

Is there a standard amount for a "completion fee"?

No, the amount of a "completion fee" varies depending on the industry, the complexity of the task or project, and the agreement between the parties involved. It is usually a percentage of the total cost or a fixed amount.