ársgjald
ársgjald is an Icelandic noun meaning an annual charge or fee assessed on a yearly basis. Etymology: ár means year, gjald means payment or fee; the term is used in official and everyday Icelandic to describe recurring charges.
In typical usage, ársgjald refers to charges tied to services or regulatory obligations that must be paid
Administration and billing are typically handled by local councils or national agencies. Rates and schedules are