Transaction Fee, Miner Fee

This definition comes from the technical glossary.

Definition

The amount remaining when the value of all outputs in a transaction are subtracted from all inputs in a transaction; the fee is paid to the miner who includes that transaction in a block.

Synonyms

  • Transaction fee

  • Miners fee

Not To Be Confused With

  • Minimum relay fee (the lowest fee a transaction must pay to be accepted into the memory pool and relayed by Bitcoin Core nodes)