sales charge
DefinitionA fee charged by a broker or agent for his/her service in facilitating a transaction, such as the buying or selling of securities or real estate. In the case of securities trading, brokers can be split into two broad categories depending on the sales charges they charge. Discount brokers charge relatively low sales charges, but provide no services beyond executing trades. Full service brokers charge higher sales charges, but provide research and investment advisory services. also called commission.
This content can be found on the following page:
sales charge is ...
... part of the Banking, Real Estate and Trading subjects.
... part of the Banking, Real Estate and Trading subjects.
Related Terms
back-end load, exchange privilege, exit fee, front-end load, hidden load, letter of intent, level load, load, no-load, offer
sales charge appears in these other terms
contingent deferred sales charge
sales charge appears in the definitions of these other terms on BusinessDictionary.com
Loading...
| |
Get our content on your iGoogle page
RSS