Definition: eBay charges sellers two basic types of fees to sell items on eBay, Insertion Fees and Final Value Fees. For each item sold on eBay, a seller is billed both types of fees.
The Final Value Fee is the "cut" of the sale amount that eBay takes after the item has been sold. This cut is calculated according to a set of rules that vary depending on the type of item sold and amounts to a percentage of the total value of the closing price.
New sellers often forget about Final Value Fees, since they are charged not when items are first listed but rather after items close, and can often be much higher than the Insertion Fee for a given item.
Refer to eBay's current fee calculation table for details on how final value fees are currently calculated.
Also Known As: FVF
