Accountancy, asked by nabilamaryam7520, 1 year ago

The fees paid by a person, who wants to become a member of the concern, for his whole life. Answer in a word / phrase / term.

Answers

Answered by Anonymous
6
Hey mate ✌️✌️

The fees paid by a person, who wants to become a member of the concern, for his whole life⤵️⤵️⤵️

(Life Membership Fee)
Answered by Anonymous
1

Life membership is the fee that is paid by the person, willing to become a member of the concern, for their whole life

  • It is a once in a lifetime, a lump sum payment made to the organization by the members instead of their monthly, quarterly or annual fee or subscription.
  • The definition of life membership is the fact or condition of life membership. Thus, If one is a life member of a club or organization, then they have either paid or been chosen to be a member for the rest of their life.
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