redemption fee

Turkish translation: itfa ücreti

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:redemption fee
Turkish translation:itfa ücreti

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15:39 Oct 21, 2009
English to Turkish translations [PRO]
Bus/Financial - Investment / Securities
Additional field(s): Accounting, Finance (general)
English term or phrase: redemption fee
Definition from Rafferty Capital Markets, LLC:
A sales charge or commission paid when an individual sells an investment, such as a mutual fund or an annuity. Intended to discourage withdrawals.

Example sentence(s):
  • Unlike a back-end load, which profits the fund company, redemption fees go back into the fund itself and thus do not represent a net cost to shareholders. MiMi.hu
  • In order to process a short-term redemption fee, shares of mutual funds that carry such a fee must be tracked, or aged, beginning at the time of purchase. Then, at the time of sale, shares must be examined to determine if they are subject to a redemption fee. Variable Annuity Life Insurance Company
  • A redemption fee is another type of fee that some funds charge their shareholders when the shareholders redeem their shares. Although a redemption fee is deducted from redemption proceeds just like a deferred sales load, it is not considered to be a sales load. US Securities and Exchange Commission
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itfa ücreti
Definition:
Yatırım fonlarının ya da anonim fonların satışında yatırımcılardan alınan ücret.
Selected response from:

Kıvılcım Erdogan
Türkiye
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4 KudoZ points were awarded for this answer



Summary of translations provided
5 +2itfa ücreti
Kıvılcım Erdogan


  

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33 mins   confidence: Answerer confidence 5/5 peer agreement (net): +2
itfa ücreti


Definition from own experience or research:
Yatırım fonlarının ya da anonim fonların satışında yatırımcılardan alınan ücret.

Example sentence(s):
  • Şirket söz konusu UCITS ve/veya UCI birimlerine yaptığı yatırımlar hesabına herhangi bir üyelik veya itfa ücreti ödemeyecektir. - Global  
Kıvılcım Erdogan
Türkiye
Local time: 21:09
Native speaker of: Turkish
PRO pts in category: 4

Votes in favor of/against selecting this as the best translation of the term asked
Yes  Onur Güngör
1 hr
  -> teşekkür ederim

Yes  Ayşe Kıvılcım Karazor
1 hr
  -> teşekkür ederim
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