charge redemption what is
Meaning of Redemption charge explanation. What is redeeming shares. For example, a 2% redemption.

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Redemption charge definition

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 Rediscount:
Examples To discount short-term negotiable debt instruments for a second time, after they have been discounted with a bank redemption charge.
Definition Reserve:
Examples An accounting entry that properly reflects contingent liabilities redemption charge.
Definition Risk-Adjusted Return:
Examples Return earned on an asset normalized for the amount of risk associated with that asset redemption charge.
Definition Real Estate:
Examples A piece of land and whatever physical property is on it redemption charge.
Definition Rollover:
Examples Means that a loan is periodically repriced at an agreed spread over the appropriate, currently prevailing rate. Most term loans in the Euromarket are made on a rollover basis as to current LIBOR rate redemption charge.
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