首页 > Term: contingent deferred sales charge (CDSC)
contingent deferred sales charge (CDSC)
A deferred sales charge, which is paid at the time of redemption and generally decreases with the amount of time that fund shares are held before sale, ultimately declining to 0%. It is referred to as a contingent sales charge because of such declining schedule. The CDSC is also commonly called a back-end load.
- 词性: noun
- 行业/领域: 金融服务
- 类别 基金
- Company: Merrill Lynch
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- MJ63
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