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Amount of fee or commision that is charged to an investor when purchasing or redeeming shares in a mutual fund or annuities. It can be a one-time charge or on an annual basis, as 12b-1 fee, at the time the investor buys a mutual fund, redeems the mutual fund shares.
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Emergency Banking Act of 1933
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Consumer Debt
Debt incurred for purchasing consumable goods or products that do not appreciate. Normally, an individual gain no benefit from possessing high leve ...
Aggregate Product Liability Limit
The total amount of money that an insurance firm will compensate during the time interval covered in the product liability insurance coverage. This ...
Delayed Rate Setting Swap
It is an exchange of cash flows wherein the one is based on a fixed interest rate and the other one is based on a floating interest rate. It will d ...
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