Exit fee
A sales Charge or Commission paid when an individual sells an investment, such as a mutual Fund or an Annuity. Intended to discourage Withdrawal. also called Redemption fee or deferred Sales charge Back-end load.
A sales Charge or Commission paid when an individual sells an investment, such as a mutual Fund or an Annuity. Intended to discourage Withdrawal. also called Redemption fee or deferred Sales charge Back-end load.