drop-dead fee(redirected from Drop Dead Fee)
Also found in: Financial.
(Banking & Finance) a fee paid to an organization lending money to a company that is hoping to use it to finance a takeover bid. The fee is only paid if the bid fails and interest charges are only incurred if the money is needed
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014