Contingent deferred sales charge (CDSC)


 

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Contingent deferred sales charge (CDSC)

The formal name for the load of a back-end load fund.



Contingent deferred sales charge (CDSC)

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Contingent liabilities

Contingent liabilities

Liabilities that may or may not be incurred by a company and which depend on the outcome of say a forthcoming event such as a court case. These are recorded in a company's accounts as contingent liabilities.


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Enables preferred stockholders to vote when the company fails to satisfy the agreement between itself and the preferred stockholders.


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Administered protection.


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An order which can be executed only if another event occurs; i.e. "sell Oct 45 call 7-1/4 with stock 52 or lower".


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Contingent order

See: contingency order.


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