Word: fee
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...financial position seemed to allow us to hold the fee level constant and to maintain the level and ambition of programs, as well as to maintain need-blind admissions," Kolesar said...
...advance to fix a price. One of the signs that this may be happening is a close, copycat pattern of changes--and this, the Justice Department claims, is what has been happening for years between Sotheby's and Christie's. In 1992 Sotheby's raised its buyer's fee from 10% to 15% on the first $50,000 (on higher amounts the buyer paid 10%). After just seven weeks, Christie's announced an identical fee rate. Three years later, Christie's took the lead by changing its seller's fee from 10% to a sliding scale...
What longer-term effect the scandal may have on the auction industry is far from clear. Christie's has already announced a new fee structure, raising the amount buyers must pay to 17.5% on the first $80,000 and 10% above that but reducing the seller's commission for customers who buy a lot of art. The art world awaits Sotheby's response. "We will not be underbid by Christie's," new chairman Sovern told TIME, "and we are reviewing our fee schedules to make sure that we are as competitive as we need...
SOCIAL POINTS Investing in socially responsible funds can make you feel good about getting richer--but the trade-off can be a fairly stiff fee. This spring two new socially responsible index funds will debut with lower-than-average management fees. The Vanguard Calvert Social Index Fund will have a .25% expense ratio, and TIAA-CREF's Social Choice Equity's fee will fall in the same range as those of its other funds, between...
...high-margin financial services such as wire transfers, money orders and check cashing. You'll be able to dash in for a Slurpee and a cash advance at the same time. There will be no user surcharge for AMEX banking customers and card members. Others will pay a fee that should average about $1.25 per transaction...