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Sales charge
Sales chargeThe 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. RELATED TERMS-------------------------------------- Fund To provide money for a specific purpose; an amount of money saved for a specific purpose. Purchase Buy; be long; have an ownership position. Shares Certificates or book entries representing ownership in a corporation or similar entity. Commission The fee paid to a broker to execute a trade, based on number of shares, bonds, options, and/or their dollar value. In 1975, deregulation led to the establishment of discount brokers, who charge lower commissions than full service brokers. Marketing The activities of a company associated with buying and selling a product or service. It includes advertising, selling and delivering products to people. Agent The analysis of principal-agent relationships, in which one person, an agent, acts on behalf of another person, a principal. SIMILAR TERMS-------------------------------------- Sale An agreement between a buyer and a seller on the price to be paid for a security, followed by delivery. Sale and lease back Sale of an existing asset to a financial institution that then leases it back to the user. Sale and repurchase agreement An open market operation, implemented by the central Bank of Canada, that is designed to affect overnight interest rates and modify the supply of money. SALEM BAPTIST Credit Union SALEM BAPTIST is a credit union with head office in JERSEY CITY, NJ SALEM CO SCHOOL EMPLOYEES Credit Union SALEM CO SCHOOL EMPLOYEES is a credit union with head office in WOODSTOWN, NJ SALEM COMMUNITY Credit Union SALEM COMMUNITY is a credit union with head office in SALEM, VA SALEM COUNTY (NJ) FEDERAL EMPLOYEES Credit Union SALEM COUNTY (NJ) FEDERAL EMPLOYEES is a credit union with head office in PENNSVILLE, NJ SALEM Credit Union SALEM is a credit union with head office in JENKINTOWN, PA Salem Five Cents Savings Bank A United States bank with head office in Salem, MA.|MA||| SALEM VA MEDICAL CENTER Credit Union SALEM VA MEDICAL CENTER is a credit union with head office in SALEM, VA Sales analysis The measurement and evaluation of actual sales, and their comparison with sales goals and targets. Sales completion In the context of project financing, the state in which the project has reached physical completion and has delivered product or generated revenues in satisfaction of a sales completion test. Sales contract Contract between a seller and buyer for the sale of goods, services, or both. Sales force Collective term for a company's salespersons (US) or salespeople (GB). Sales forecast A key input to a firm's financial planning process. External sales forecasts are based on historical experience, statistical analysis, and consideration of various macroeconomic factors. Sales literature Material written by an institution selling a product, which informs potential buyers of the product and its benefits. Sales per share A ratio that computes the total revenue earned per share over a 12-month period. Sales representative Someone who contacts existing and potential customers, and tries to persuade them to buy goods or services. Sales tax A tax on goods and services, a percentage of the retail price. Sales type lease The leasing out of a firm's own equipment, such as a printing company leasing its own presses, thereby competing with an independent leasing company. PREVIOUS AND NEXT TERMS-------------------------------------- Salary reduction simplified employee pension plan (SARSEP) A low-cost, no-frills version of a 401(k) employee savings plan available to companies with 25 or fewer employees. It allows employees to make pretax contributions to their IRAs through salary reduction each year. Sale An agreement between a buyer and a seller on the price to be paid for a security, followed by delivery. Sale and lease back Sale of an existing asset to a financial institution that then leases it back to the user. Sale and repurchase agreement An open market operation, implemented by the central Bank of Canada, that is designed to affect overnight interest rates and modify the supply of money. Sales analysis The measurement and evaluation of actual sales, and their comparison with sales goals and targets. Sales charge Sales completion In the context of project financing, the state in which the project has reached physical completion and has delivered product or generated revenues in satisfaction of a sales completion test. Sales contract Contract between a seller and buyer for the sale of goods, services, or both. Sales force Collective term for a company's salespersons (US) or salespeople (GB). Sales forecast A key input to a firm's financial planning process. External sales forecasts are based on historical experience, statistical analysis, and consideration of various macroeconomic factors. Sales literature Material written by an institution selling a product, which informs potential buyers of the product and its benefits. We thank you for using the Financial Dictionary to search for Sales charge. If you have a better definition for Sales charge than the one presented here, please let us know by making use of the suggest a term option. This definition of Sales charge may be disputed by other professionals. Our attempt is to provide easy definitions on Sales charge and any other medical topic for the public at large.
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