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. 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) 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

  • 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

  • CDSC — abbr. Contingent Deferred Sales Charge …   Dictionary of abbreviations

  • 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

  • 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

  • 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

  • Условная плата за будущие расходы — надбавка к рыночной стоимости ценной бумаги, взимаемая фондом взаимных инвестиций. По английски: Contingent deferred sales charge Синонимы английские: CDSC См. также: Ставки сборов взаимных фондов Финансовый словарь Финам …   Финансовый словарь

  • Back-end loan fund — A mutual fund that charges investors a fee to sell ( redeem) shares, often ranging from 4% to 6%. Some back end load funds impose a full commission if the shares are redeemed within a designated time, such as one year. The commission decreases… …   Financial and business terms

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