Sales charge


 

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Sales charge

A brokerage fee charged to a buyer of shares in a mutual fund. The charge is deducted prior to the balance being invested in the fund.

Sales charge

The fee charged by a mutual fund at purchase of shares, usually payable as a commission to a marketing agent, such as a financial adviser, who is thus compensated for assistance to a purchaser. It represents the difference, if any, between the share purchase price and the share net asset value.



Sales charge

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Charge card

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Further Suggestions

Finance Charge
Carrying charge
Bankruptcy charge
Charge off
carrying charges
Redemption charge
prior charges
Contingent deferred sales charge (CDSC)
Discharge of lien
Noncash charge
late charge
Charge certificate
chargeable event
Finance charge
Late charge
exit charge
Discharge fee
chargeable transfer
chargeable gain
Late charge
chargeable event certificate
initial charge
Discharge
management charges
Late Charge


 
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