finder's fee


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finder's fee

n.
A fee paid to the finder of financial backing for a venture or to a party that brings the principals in a venture together.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.finder's fee - 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"
fee - a fixed charge for a privilege or for professional services
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In connection with the FT Offering, the Company paid a finder's fee, in cash, in the amount of 7% of the gross proceeds of the FT Offering and issued 57,471 non-transferable finder's warrants (equal to 10% of the number of flow-through shares issued).
The concept of a finder's fee comes out of the banking industry, but has been accepted as having applicability in the real estate industry.
Van Nuys-based Cherokee introduced apparel licensor Mossimo to Target in early 2000 contingent upon receiving a finder's fee for items sold to the super-chain.
The Agents also received a finder's fee in respect of the placement of 1,500,000 Units under the non-brokered component of the placement.
Antelope Valley Hospital began offering, as of December, a $500 finder's fee to employees who recruit nurses and another $500 if the new worker stays for a year.
The finder's fee ranges from 1 percent to 5 percent of the total cost, depending on the size of the project.
The Company also announced today that it in connection with the non-brokered private placement to Pinetree Income Partnership completed September 1, 2006, the Company has paid a finder's fee by issuing warrants, vesting immediately and expiring in two years, to purchase 23,333 common shares at a purchase price of US $3.
A finder's fee of 250,000 Montan Mining Shares was issued to Longford Exploration Services Ltd.