Fee
Fee (fē) , noun
[Old English fe, feh, feoh, cattle, property, money, fief, Anglo-Saxon feoh cattle, property, money; the senses of “property, money,” arising from cattle being used in early times as a medium of exchange or payment, property chiefly consisting of cattle; akin to Old Saxon fehu cattle, property, Dutch vee cattle, Old High German fihu, fehu, German vieh, Icelandic fē cattle, property, money, Gothic faíhu, Latin pecus cattle, pecunia property, money, Sanskrit pacu cattle, perh. orig., “a fastened or tethered animal,” from a root signifying to bind, and perh. akin to English fang, fair, a.; compare Old French fie, flu, feu, fleu, fief, French fief, from German, of the same origin. the sense fief is due to the French. r249. Compare Feud, Fief, Fellow, Pecuniary.]
All the land in England, except the crown land, is of this kind. An absolute fee, or fee simple, is land which a man holds to himself and his heirs forever, who are called tenants in fee simple. In modern writers, by fee is usually meant fee simple. A limited fee may be a qualified or base fee, which ceases with the existence of certain conditions; or a conditional fee, or fee tail, which is limited to particular heirs.
Fee (fē) , transitive verb