Participant Fee Law and Legal Definition

According to 13 CFR 106.101 (Title 13 - Business Credit And Assistance; Chapter I - Small Business Administration; Part 106 - Cosponsorships, Fee And Non-Fee Based SBA-Sponsored Activities And Gifts; Subpart A - Scope And Definitions), Participant Fee means “a minimal fee assessed against a person or entity that participates in a Cosponsored Activity or Fee Based SBA-Sponsored Activity and is used to cover the direct costs of such activity.”