The cost of an item is often the amount you pay for it, plus any other Fees that are attached. This can be a one-time fee or a recurring fee.Fees come in a variety of forms, like costs, charges, commissions and penalties. They're necessary for providing goods and services to customers. In this article we will explore the difference between these types of fees and why they are important so that you can make an informed decision on the different options provided to you.