| English |
| initial charge |
  |
|
| Part of speech |
Noun phrase
|
| Definition |
a portion of the selling price of the unit which represents the management company´s charges in respect of expenditure incurred and work performed by it in connection with the formation of that unit.
|
| Definition source |
Gl-MW
|
| Context |
[...] 2. Effect of Initial Charge: Where an initial charge is imposed, an investor who realises his Shares after a short period may not (even in the absence of a fall in the value of the relevant investments) realise the amount originally invested. Therefore, the Shares should be viewed as a long term investment. [...]
|
| Context source |
P-Thread
|
| Synonym |
initial fee, front-end load
|
| Quasi-synonym |
bid-offer spread
|
| de |
Ausgabeaufschlag, Ausgabekosten
|
| it |
commissioni di sottoscrizione
|
