Meaning 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
More terms such as Sales charge in Dictionary S.
- Definition Securities And Commodities Exchanges:
- Examples Exchanges on which securities, options, and futures contracts are traded by members for their own accounts and for the accounts of customers sales charge definition.
- Definition Stock Certificate:
- Examples A document representing the number of shares of a corporation owned by a shareholder sales charge explain.
- Definition Selling Short Against The Box:
- Examples that is actually owned by the seller but held in the box, meaning it is held in safekeeping. The seller borrows securities needed to cover as the stock in the box may be inaccessible, or the seller sales charge what is.
- Definition Seasoned Datings:
- Examples Extended credit for customers who order goods in periods other than peak seasons sales charge meaning.
- Definition Stock Option:
- Examples An option whose underlying asset is the common stock of a corporation sales charge abbreviation.
