What is the Annual Fee Definition? An annual fee in business usually means APR (Annual Percentage Rate) in regards to a merchant account used for buying and selling goods through a creditor. In it's truest sense an annual fee definition is any fee that is charged once a year. A Costco yearly membership is a great example of an annual fee. Because e-commerce has grown so rapidly, there are many aspiring entrepreneurs … [Read more...]
Annual Fee Definition
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