Definitions for "Initiation Fee"
The Initiation Fee is a one time membership fee that all new Chi Psis pay. This entry fee covers the new member's lifetime membership in Chi Psi Fraternity, a lifetime subscription to The Purple and Gold (Chi Psi's periodical), his Chi Psi Badge, and his membership certificate. The cost of the Initiation Fee will depend on the type of Badge the new member orders and ranges from $260-400.
a once-off fee charged by the Bank for registering the home loan account
a one-time only fee paid to join the health club