finder's fee

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Explanation of "Finder's Fee"

Definition: A "finder's fee" is a payment made to someone who helps to connect two parties, usually in a business deal. This person often finds a source of financial support or brings people together for a business purpose.

Advanced Usage:

In more complex situations, a finder's fee might be negotiated as a percentage of the total deal or as a flat fee. It can also vary based on the industry norms.

Word Variants:

• Finder (noun): The person who finds or discovers something.
• Fee (noun): A payment made for services, often in a professional context.

Different Meanings:

• Outside of business, "finder" can refer to someone who discovers something valuable or useful, but "finder's fee" specifically relates to financial or business transactions.

Synonyms:

• Commission
• Referral fee
• Broker's fee

Idioms and Phrasal Verbs:

While there aren't specific idioms that directly relate to "finder's fee," you might hear phrases like: - "Cut a deal": To negotiate an agreement. - "Bring to the table": To contribute something of value to a discussion or negotiation.

Summary:

In summary, a "finder's fee" is a payment for helping connect people in business. It is an important term in the world of finance and real estate, where networking and relationships can lead to successful deals.

Academic

Noun

1. a fee that is paid to someone who finds a source of financial backing or to someone who brings people together for business purposes
   • the agency got a finder's fee when their candidate was hired as the new CEO