Sales Charge — A commission paid by an investor on his or her investment in a mutual fund. The sales charge is paid to a financial intermediary (broker, financial planner, investment adviser, etc.) for selling the fund and is intended to provide compensation… … Investment dictionary
Sales charge — The fee charged by a mutual fund when purchasing shares, usually payable as a commission to marketing agent, such as a financial advisor, who is thus compensated for his assistance to a purchaser. It represents the difference, if any, between the … Financial and business terms
Contingent Deferred Sales Charge (CDSC) — A fee (sales charge or load) that mutual fund investors pay when selling Class B fund shares within a specified number of years of the date on which they were originally purchased. Also known as a back end load or sales charge . For mutual funds… … Investment dictionary
contingent deferred sales charge — ( CDSC) See back end load. American Banker Glossary ( CDSC) The formal name for the load of a back end load fund. Bloomberg Financial Dictionary … Financial and business terms
charge — The document evidencing mortgage security required by Crown Law (law derived from English law). A Fixed Charge refers to a defined set of assets and is usually registered. A Floating Charge refers to other assets which change from time to time (… … Financial and business terms
sales load — See: sales charge * * * sales load UK US noun [C] FINANCE ► SALES FEE(Cf. ↑sales fee) … Financial and business terms
Sales taxes in the United States — are a tax added onto the price of goods or services that are purchased in the United States. A sales tax is a tax on consumption, which is displayed as a percentage of the sale price. Sales taxes are assessed by every state except Alaska,… … Wikipedia
sales fee — ➔ fee * * * sales fee UK US noun [C] ► (also sales load) FINANCE a charge that you pay when you buy or sell shares in an investment company: charge/pay a sales fee »Buyers must pay a sales fee of 5%, even if they buy the fund directly from us … Financial and business terms
sales manager — ➔ manager * * * sales manager UK US noun [C] COMMERCE, MARKETING, MANAGEMENT ► a person in charge of a company s sales activities and its sales force: »The sales manager decided to keep the incentive program running for one more year. »a… … Financial and business terms
Contingent deferred sales charge (CDSC) — The formal name for the load of a back end load fund. The New York Times Financial Glossary … Financial and business terms
