Meaning REDEMPTION CHARGE: The commission a mutual fund charges an investor who is redeeming shares. For example, a 2% redemption charge (also called a back end load) on the sale of shares valued at $1000 will result in payment of $980 (or 98% of the value) to the investor. This charge may decline or be eliminated as shares are held for longer time periods
More terms such as Redemption charge in Dictionary R.
- Definition Registration:
- Examples In the securities market describes process set up pursuant to the Securities Exchange Acts of 1933 and 1934 whereby securities that are to be sold to the public are reviewed by the SEC redemption charge definition.
- Definition Revenue Bond:
- Examples municipality to finance either a project or an enterprise in which the issuer pledges to the bondholders the revenues generated by the operation of the projects financed. Examples are hospital redemption charge explain.
- Definition Reimbursement:
- Examples Payment made to someone for out-of-pocket expenses has incurred redemption charge what is.
- Definition Receiver'S Certificate:
- Examples A debt instrument issued by a receiver and serving as a lien on the property, which provides funding to continue operations or to protect assets in receivership redemption charge meaning.
- Definition Round-Turn:
- Examples Procedure by which the long or short position of an individual is offset by an opposite transaction or by accepting or making delivery of the actual financial instrument or physical commodity redemption charge abbreviation.
