Master Nasdaq Terms - General Language used in Stock Markets
Do you all know various terms used in stock market and what they imply? If not, then you may have got an idea during the ICS 601 Nasdaq assignment. I am listing below frequent terms used in stock market and their meaning.
12(b)-1 Fee
Fee assessed shareholders by the mutual fund for some of its promotional expenses. A 12b-1 fee must be specifically registered as such with the Securities and Exchange Commission and the fact that such charges are levied must be disclosed.
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