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CDSC |
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See Contingent deferred sales charge. Contingent Deferred Sales Charge The formal name for the load in a back-end load fund. A CDSC is the fee paid when a shareholder sells shares in a mutual fund within a certain number of years. That is, when an investor initially buys a share in a back-end load fund, he/she agrees to pay a third party ? usually a financial institution or broker ? a certain percentage of the share's value if he/she decides to sell it within five to 10 years, depending on the specific nature of the agreement. The CDSC usually declines by the year until the maximum number of years is reached. See also: B-share. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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William Erie, Deputy Executive Director, CDSC, will become the interim executive editor of the journal until a permanent replacement for Dr. Marcia Richard, CDSC and project manager for the effort was also a participant. Foodborne and other gastrointestinal outbreaks reported to CDSC (NI), Jan-June 2000. |
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