Meaning of the word "entry fee" in English

What does "entry fee" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

entry fee

US /ˈɛn.tri fiː/
UK /ˈɛn.tri fiː/
"entry fee" picture

Noun

the amount of money you have to pay to enter a place, competition, or event

Example:
The museum has a small entry fee.
There's a ten-dollar entry fee for the concert.