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单词 contingent deferred sales charge (CDSC)
释义

contingent deferred sales charge (CDSC)

Definition
Penalty (or back end load) levied by a mutual fund for premature redemption of units or shares. It is highest when the units/shares are bought and slides down in decrements to zero on the maturity date.
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更新时间:2025/2/2 15:22:10