fee splitting

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Definitions from WordNet

Noun fee splitting has 1 sense

fee splitting - payment (usually by doctors or lawyers) of part of the fee in return for the referral
--₁ is a kind of payment, defrayal, defrayment

Definitions from the Web

Fee Splitting

Description:

Fee splitting refers to the practice of dividing a professional fee between two or more parties, typically among professionals or service providers involved in the same transaction or case. It is often done to ensure fair compensation and incentivize collaboration among professionals in different fields.

Sample Sentences:

Lawyers engaged in fee splitting must disclose it to their clients to maintain transparency.
In healthcare, fee splitting between doctors and other medical professionals can promote comprehensive patient care.
Accountants and financial advisors might engage in fee splitting to offer clients a wider range of specialized services.

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