Redemption Charge

Redemption Charge
Charge imposed by a mutual fund company in form of commission during redemption. Back end load on a fund, requiring sellers to pay extra when they exit the fund, is a redemption charge imposed by the fund.

The longer the participation in the mutual fund, the lower the exit load. May also be termed deferred sales charge.

Random Finance Terms for the Letter S

  • Redeemable
  • Redemption
  • Redemption Charge
  • Redemption Cushion
  • Redemption Suspension
  • Reference Rate
  • Refundable
  • Refunded Bond
  • Refunding
  • Refunding Escrow Deposits