单词 | expense ratio |
释义 | expense ratio expense ratio (also operating expense ratio) noun [C, usually sing.]
1 (Accounting ) the costs of running a business, compared to the income it receives: The company has an expense ratio of 9.9%.
2 (Finance ) the costs that an investment fund pays in order to operate, compared to the total amount of money it invests in shares, bonds, etc: The expense ratio gives you a good picture of a fund's efficiency. an annual expense ratio of 1.5 per cent |
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