Contingent deferred sales charge

7188 Loan Dictionary - C group - Contingent Deferred Sales Charge (cdsc), Contingent Deferred Sales Load, Contingent Fee, Contingent Immunization, Contingent Liability, Contingent Order, Contingent Pension Liability, Contingent Voting Power, ...

Contingent deferred sales charge (CDSC)
Days' sales in inventory ratio
The average number of days' worth of sales that is held in inventory.

Contingent Deferred Sales Charge
Sales charge taken if and when the investor redeems shares with the fund. Usually stated as a percentage of the amount withdrawn, and charged on a declining scale over a number of years, typically five to seven.

Contingent Deferred Sales Charge (CDSC) A fee (or back-end load) imposed by certain funds on shares redeemed within a specific period following their purchase.

Contingent deferred sales charge. Levied by some mutual funds if a customer sells fund shares within a specified number of years.

contingent deferred sales charge: A pricing structure that imposes a sales charge when exiting a mutual fund.
contrarian investing: A method of investing to take positions contrary to overall market sentiment.

contingent deferred sales charge (CDSC)
contingent liability
A debt or obligation that becomes a liability only when something else happens.

Contingent Deferred Sales Charge. The type of sales charge levied investors in a back-end load fund.

CONTINGENT DEFERRED SALES CHARGE (CDSC) A type of back end load sales charge, a contingent deferred sales charge is a fee charged when shares are redeemed within a specific period following their purchase.

CONTINGENT DEFERRED SALES CHARGE (CDSC)
In certain classes of mutual funds, a charge is made against the net asset value of the fund if the fund is redeemed within a predetermined time period.

Contingent deferred sales charge (CDSC)
Contingent immunization
An arrangement in which the money manager pursues an active bond portfolio strategy until an adverse investment experience drives the then-available potential return down to the safety ...

Also, unlike contingent deferred sales charges, redemption fees typically operate only in short, specific time periods, commonly 30, 180, or 365 days. However, some redemption fees exist for up to five years.

Also known as a "contingent deferred sales charge or load."
Investopedia Says:
The back-end load is a type of sales charge that is used with mutual funds that have share classes, which in this case are identified as Class B shares.

Also known as a "contingent deferred sales charge or load."
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Dictionary Term
contingent deferred sales charge
Dictionary Term
B share ...

The formal name for the back-end load is the contingent deferred sales charge, or C.D.S.C. Back fee The fee paid on the extension date if the buyer wishes to continue the option.

Some mutual funds impose a back-end load, or a contingent deferred sales charge, if you sell shares in the fund during the first six or seven years after you purchase them. The charge is a percentage of the value of the assets you're selling.

Similar financial terms
Contingent deferred sales charge (CDSC)
The formal name for the load of a back-end load fund.

This load (called a CDSC or contingent deferred sales charge) declines every year until it disappears-usually after six years. B share funds also carry a 12b-1 marketing fee which is typically higher than the 12b-1 fee of A shares.

Class B Shares: Mutual fund shares that have a back-end sales charge (also known as a contingent deferred sales charge, or CDSC) if you sell the shares within 5 to 6 years.

If the charge is levied when you purchase the shares, it's called a front-end load. If you pay when you sell shares, it's called a back-end load or contingent deferred sales charge.

Footnote R To be used by mutual funds with redemption fees, contingent deferred sales charges, or other charges deducted from net asset value upon redemption other than charges for special services such as wire transfer).

A claim that can be made only if one or more specified outcomes occur. Contingent deferred sales charge (CDSC)
The formal name for the load of a back-end load fund.
Contingent immunization ...

In the case of mutual funds, class designations indicate the way that sales charges, or loads, are levied. Class A shares have front-end loads, Class B shares have back-end loads, also called contingent deferred sales charges, ...

funds impose a full commission if the shares are redeemed within a designated time, such as one year. The commission decreases the longer the investor holds the shares. The formal name for the back-end load is the contingent deferred sales charge, ...

commission if the shares are redeemed within a designated time period after purchase, such as one year, reducing the commission the longer the investor holds the shares. The formal name for the back-end load is the contingent deferred sales charge, ...

The fee percentage is highest in the first year and decreases yearly until the specified holding period ends, at which time it drops to zero.
Also known as a "contingent deferred sales charge or load." ...

perhaps by a percentage point each year, and then disappears altogether. However, the annual fees that the fund charges on Class B shares are higher than the fees on Class A shares. Back-end loads are also known as contingent deferred sales charges ...

The intent of the redemption fee is to discourage rapid-fire shifts from one fund to another in an attempt to "time" swings in the stock or bond market. This fee often is confused with the contingent deferred sales charge, or back end sales charge, ...

Second type of mutual funds stock includes class B stocks which are characterized by their contingent deferred sales charge. Generally, they are suitable for the investors who have limited resources and are looking for long term investments.

Contingent deferred sales charge (CDSC) The formal name for the load of a back-end load fund.

contingent deferred sales charge Abbreviated 'CDSC.' A back-end load charge applied exclusively in the event... contingent liability A liability for which payment may or may not come to pass. This is generally...

See also: Banks, Expense, Back-end load, Load fund, Saving