contingent deferred sales charge

contingent deferred sales charge ( CDSC)
See back-end load. American Banker Glossary
————
( CDSC)
The formal name for the load of a back-end load fund. Bloomberg Financial Dictionary

Financial and business terms. 2012.

Look at other dictionaries:

  • Contingent Deferred Sales Charge (CDSC) — A fee (sales charge or load) that mutual fund investors pay when selling Class B fund shares within a specified number of years of the date on which they were originally purchased. Also known as a back end load or sales charge . For mutual funds… …   Investment dictionary

  • Contingent deferred sales charge (CDSC) — The formal name for the load of a back end load fund. The New York Times Financial Glossary …   Financial and business terms

  • CDSC — contingent deferred sales charge (CDSC) See back end load. American Banker Glossary ( contingent deferred sales charge ) The formal name for the load of a back end load fund. Bloomberg Financial Dictionary …   Financial and business terms

  • CDSC — Contingent Deferred Sales Charge (Business » Accounting) * Communicable Disease Surveillance Centre (Medical » Veterinary) * Cumetrix Data Systems Corporation (Business » NASDAQ Symbols) …   Abbreviations dictionary

  • Mutual fund — This article is about mutual funds in the United States. For other forms of mutual investment, see Collective investment scheme. A mutual fund is a professionally managed type of collective investment scheme that pools money from many investors… …   Wikipedia

  • back-end load — A form of sales charge imposed on investors by some mutual funds. These charges may be called back end loads, deferred loads, deferred sales charges, contingent deferred sales charge ( CDSC), or redemption fees. Regardless of the name, funds with …   Financial and business terms

  • Back-End Load — A fee (sales charge or load) that investors pay when selling mutual fund shares within a specified number of years, usually five to 10 years. The fee amounts to a percentage of the value of the share being sold. The fee percentage is highest in… …   Investment dictionary

  • A share — For the A share traded on the Shanghai and Shenzhen stock exchanges, see A share (mainland China). In finance the term A share has two distinct meanings, both relating to securities. The first is a designation for a class of common or preferred… …   Wikipedia

  • B share — (ANZ) Fin a share in a mutual fund that has no front end sales charge but carries a redemption fee, or back end load, payable only if the share is redeemed. This load, called a CDSC, or contingent deferred sales charge, declines every year until… …   The ultimate business dictionary

  • Exit Fee — A fee or charge assessed to an investor for withdrawing money prior to a previously stipulated date. This is almost always expressed and charged as a percentage of assets rather than a flat fee. May also be known as a redemption fee , back end… …   Investment dictionary

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