What is a kill fee in a freelance contract?
A kill fee is what the client pays if they cancel before the project is finished. It pays for the work done and for the time you reserved and can't easily resell.
Without one, a cancelled project can leave you unpaid for work in progress, with an empty calendar you turned other clients away to fill. Kill fees are standard in journalism and publishing and increasingly common in design, development, video, and consulting contracts.