Task: Class Definition Understanding (ontology: Business_Finance/Financial_Industry_Business_Ontology)

Which of the following definitions best describes 'fee'?

A. upper bound on the total amount of money that a lender believes a party has the ability to repay an obligation when due, as of some point in time
B. price that would be received to sell an asset, or paid to transfer a liability, in an orderly transaction between market participants at the measurement date
C. revenue received during a period of time
D. charge for services performed

Answer: charge for services performed