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Impact Fee

You, the real estate developer, just built 412 condos. You're going to destroy the local community of purple Socialist newts if a facility isn't built for them that's like a living Tinder.

You have bad impact on that local area as a result of your build...and you'll have to pay fees so that the newt can live on.

Find other enlightening terms in Shmoop Finance Genius Bar(f)