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Third-Party Distributor

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Third-Party Distributor
A company that sells mutual funds on behalf of the investment company managing the funds. A third-party distributor receives a portion of the loads (or sales fees) that the mutual funds charge shareholders. This system can be beneficial if an investment company lacks the knowledge or resources to market funds directly.


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While reports noted a decline in employment at the company, from about 1,200 to the current 350, the cuts stemmed from a company decision to close a distribution business in 2004, with many of those positions now covered by third-party distributors.
In terms of hotel rooms, it depends on how the hotels decide to manage their inventory, like how much of that they intend to allocate to third-party distributor versus direct channels," Kurian told Gulf News.
The latter signed a seven-year, full-content agreement with Sabre Travel Network to make all published fares and inventory available to Sabre subscribers, including published fares that the airline sells through any third-party distributor and through its reservation offices and website.
 
 
 
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