taxa inicial
1. A charge or payment required at the beginning of a service, contract, or transaction
The bank charges an initial fee of $50 to open a savings account.
O banco cobra uma taxa inicial de R$250 para abrir uma conta poupança.
2. An upfront cost paid before receiving goods or services
The membership initial fee includes registration and processing costs.
A taxa inicial de associação inclui custos de registro e processamento.
3. A one-time charge assessed at the start of a loan or credit agreement
The mortgage had an initial fee that needed to be paid at closing.
A hipoteca tinha uma taxa inicial que precisava ser paga no fechamento.
In Brazil, initial fees are common in banking, telecommunications, and service industries. They are legally required to be clearly disclosed to consumers. In the USA, initial fees vary widely across industries and are subject to state and federal consumer protection regulations. Both cultures expect transparency regarding these charges.
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