Definition of retaining fee in US English:

retaining fee


  • another term for retainer (sense 2)
    • ‘Gradually the strength of the game moved towards the midlands and the north, where clubs were beginning to pay expenses and retaining fees.’
    • ‘The average annual retaining fee of a club professional is said to be around £16,000 and the members are paying for this.’
    • ‘The indenture records the terms on which a man was engaged to serve his lord; it would normally specify his wages and, if it was a long-service contract, his retaining fee.’


retaining fee