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Thursday, July 20, 2017

What is a service retainer? - Investopedia

What is a service retainer? - Investopedia

A retainer fee is an upfront cost incurred by an individual in order to pay for the services of a consultant, freelancer, lawyer or something similar. A retainer fee is most commonly paid to individual third-parties that have been engaged by the payer to perform a specific action on his behalf.
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