Glossary entry (derived from question below)
English term or phrase:
redemption fee
French translation:
Frais de rachat
Oct 21, 2009 15:40
14 yrs ago
1 viewer *
English term
redemption fee
GBK
English to French
Bus/Financial
Investment / Securities
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 sentences:
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)
Proposed translations
(French)
4 +2 | Frais de rachat |
carondn2
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Change log
Oct 21, 2009 15:32: changed "Kudoz queue" from "In queue" to "Public"
Oct 21, 2009 15:41: Enrique Cavalitto changed "Stage" from "Preparation" to "Submission"
Oct 24, 2009 15:56: changed "Stage" from "Submission" to "Completion"
Proposed translations
+2
2 hrs
Selected
Frais de rachat
Definition from
Termium:
"Frais (commission, frais de distribution, frais de gestion) portés en diminution du prix de rachat d'un instrument de placement, par exemple, des parts d'un fonds commun de placement."
Example sentences:
Les frais de rachat sont souvent facturés en fonction d'un taux qui diminue progressivement au cours de la période de détention de l'instrument de placement, par exemple, une commission de 6 % s'il y a rachat des titres après un an suivant la date d'achat initiale, 4 % après trois ans et aucune commission après sept ans. (Termium)
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