HomeDefinitionsCompareDebt Sales chargeThe financial definition for Sales charge: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. Similar MatchesCarrying chargeCarrying chargeThe fee a broker charges for carrying securities on credit, such as on a margin account. Charge offCharge offSee: Bad debt Contingent deferred sales charge (CDSC)Contingent deferred sales charge (CDSC)The formal name for the load of a back-end load fund. Further SuggestionsDeferred chargeDischarge of lien Finance charge Late charge Noncash charge Redemption charge Service charge Click to compare definitions of Sales charge Click to view definitions beginning sa |