BASE FEE


Meaning of BASE FEE in English

noun

or base fee simple

Etymology: base (III)

1. : a determinable fee ; broadly : a defeasible fee-simple estate (as a conditional fee)

2. obsolete

a. : an estate held by a tenant at the will of his lord or superior

b. : the status of an estate conveyed by a tenant in tail out of possession as a fee simple without proper adherence to the relevant rules of law

Webster's New International English Dictionary.      Новый международный словарь английского языка Webster.