FULL STORY. Two new studies by a University of Rochester researcher show that mountain ranges rise to their height in as little as two million years--several times faster than geologists have always thought. Each of the findings came from two pioneering methods of measuring ancient mountain elevations, and the results are in tight agreement.
Definition. Any fee that is charged on an annual (yearly) basis. One of the most common occurrences of an annual fee is the fee that is charged by some credit card companies to their credit card holders, simply for having the credit card.This fee is charged regardless of anything else (the amount or value of purchases with the credit card, for example).ne of the most common occurrences of an annual fee is the fee that is charged by some credit card companies to their credit card holders, simply for having the credit card.
For example, Santa Fe Trust accepts very small accounts, but according to its published fee scale it will still charge them at least $4,000 a year. At an annual fee of 75 basis points, this suggests that a trust really needs to have more than around $533,000 in it to âearn outâ that $4,000 minimum fee.or example, Santa Fe Trust accepts very small accounts, but according to its published fee scale it will still charge them at least $4,000 a year. At an annual fee of 75 basis points, this suggests that a trust really needs to have more than around $533,000 in it to âearn outâ that $4,000 minimum fee.