Sales charge
Definition
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.
Investing Essentials
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Getting Started In Stocks
Investopedia
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The NASDAQ Dozen
Learning Markets
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The 10 Commandments Of Investing
Investopedia
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The Lowdown On Penny Stocks
Investopedia
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10 Things To consider Before Selecting An Online Broker
Investopedia
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Start Investing With Only $1,000
Investopedia
Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University
Term of the Day
Market check
An investigation typically conducted by an investment banking firm, on behalf of a target's Board of Directors (or Special Committee) as part of a process to determine whether a proposed price for... Read More
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