mutually agreed fee

USAGE SUMMARY

The phrase "mutually agreed fee" is correct and usable in written English.
It can be used in contexts where two parties have come to a consensus on a specific fee for a service or transaction. Example: "After several discussions, we settled on a mutually agreed fee for the project."

✓ Grammatically correct

News & Media

Academia

Human-verified examples from authoritative sources

Exact Expressions

1 human-written examples

Even under the new system, the buying and selling clubs can agree to put aside the pre-established sliding scale for calculating compensation and come to a "mutually agreed fee".

Independent

Human-verified similar examples from authoritative sources

Similar Expressions

59 human-written examples

Two clubs have already agreed fees.

BBC

Please note, if publication leaders or their Undergraduate Student Life adviser deem the advertisement inappropriate, the group may be responsible to refund any fees collected for the specific advertisement or accept a mutually agreed upon replacement for the unacceptable advertisement.

Columbia University

Also due to the economic conditions, Ariba and Agile Software say they mutually agreed to terminate their proposed merger agreement without payment of any termination fees.

Forbes

All ticketing fees will be settled with the event organizer directly after the event or at a mutually agreed upon time.

Cornell University

Other purposes can be mutually agreed.

Yale University

That is what mutually agreed swaps means.

The Guardian

Mutually agreed with INF Rich Aurilia to decline his contract option.

The New York Times

These must have mutually agreed objectives and timescales.

The Guardian

There was a chance for a mutually agreed cease-fire.

The New York Times

The Treasury suggested his departure was mutually agreed.

The Economist

Expert writing Tips

Best practice

When negotiating contracts, clearly state the "mutually agreed fee" to avoid future disputes. Ensure this fee is documented and acknowledged by all parties involved.

Common error

Avoid unilaterally changing the "mutually agreed fee" after an agreement is in place. Any adjustments should be discussed and re-agreed upon by all parties to maintain transparency and trust.

Linguistic Context

The phrase "mutually agreed fee" functions as a noun phrase, specifying a payment amount that has been accepted by all involved parties. Ludwig AI confirms its proper usage as a description of a negotiated price, as illustrated in various real-world examples.

Expression frequency: Rare

Frequent in

News & Media

34%

Academia

33%

Formal & Business

33%

Less common in

Science

0%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

The phrase "mutually agreed fee" is a noun phrase that describes a price or payment amount that has been settled upon through discussion and consent among all involved parties. According to Ludwig AI, it is grammatically correct and used to emphasize that an agreement on financial terms has been reached. While examples of the phrase are not very common, it appears most frequently in news and media, academia, and formal business contexts. When writing, ensure clarity by documenting the agreed-upon fee to prevent misunderstandings. Alternatives such as "agreed-upon price" or "agreed compensation" can be used depending on the context. The phrase’s purpose is to prevent future misunderstandings about financial obligations.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

agreed-upon price

Replaces 'fee' with 'price', focusing on the monetary value agreed upon.

agreed compensation

Substitutes 'fee' with 'compensation', emphasizing payment for services.

consensual charge

Uses 'consensual' to highlight the mutual agreement, and 'charge' as another term for fee.

jointly determined rate

Emphasizes the collaborative aspect of setting the rate.

collectively approved cost

Highlights the group approval of the expense.

settled amount

Focuses on the final, agreed-upon sum.

accepted tariff

Uses a more formal term ('tariff') for the agreed-upon fee.

agreed remuneration

Replaces 'fee' with 'remuneration', a more formal term for payment.

mutually understood cost

Emphasizes understanding and agreement on the cost.

harmonized price point

Highlights the alignment of prices to reach an agreement.

FAQs

How can I use "mutually agreed fee" in a sentence?

You can use "mutually agreed fee" to describe a price that has been agreed upon by all parties involved in a transaction. For example: "After negotiations, the client and the consultant settled on a "mutually agreed fee" for the project."

What are some alternatives to "mutually agreed fee"?

Some alternatives to "mutually agreed fee" include "agreed-upon price", "agreed compensation", or "consensual charge". The best choice depends on the specific context.

What does "mutually agreed" actually mean in the context of a fee?

"Mutually agreed" signifies that all parties involved have discussed and reached a consensus on the fee. This implies a negotiation process where all parties have had the opportunity to express their needs and concerns, leading to a jointly accepted amount.

Is a "mutually agreed fee" legally binding?

If the agreement is documented in a contract and all parties have signed it, the "mutually agreed fee" is legally binding. It is essential to have a written record to ensure enforceability and avoid future disputes.