â The annual fee on our credit card was high enough to cause some serious concern among my partner and I over whether we needed to close that credit card or not.
pilotage. n. 1. (Navigation) the act of piloting an aircraft or ship. 2. (Navigation) a pilot's fee.
Payment in lieu of taxes. A PILOT is a payment in lieu of taxes (also sometimes abbreviated PILT or PILOT), made to compensate a local government for some or all of the tax revenue lost due to tax exempt ownership or use of a particular piece of real property. Usually it relates to the foregone property tax revenue.