12B-1 Fees: The percent of a mutual fund's assets used to defray marketing and distribution expenses. The amount of the fee is stated in the fund's prospectus. The SEC has recently proposed that 12B-1 fees in excess of 0.25% be classed as a load. A true no load fund has neither a sales charge nor a 12b-1 fee.

 

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12B-1 Fees: The percent of a mutual fund's assets used to defray marketing and distribution expenses. The amount of the fee is stated in the fund's prospectus. The SEC has recently proposed that 12B-1 f . . . View Full Definition

12b-1 Fee: A number of load and no-load mutual funds levy 12b-1 fees on the value of your mutual fund account to offset the fund's promotional and marketing expenses. These asset-based fees, which get . . . View Full Definition

Recording Fees: Fees charged by the local government to record loan documents (for example, the mortgage). These fees will be charged to the borrower and shown on the Settlement Statement (HUD-1).

Reasonable And Customary Fees: The average fee charged by a particular type of health care practitioner within a geographic area. The term is often used by medical plans as the amount of money they will approve for a spec . . . View Full Definition

Service Fees: These fees are non-refundable and usually are included with any ticket purchase and sometimes appear as separate charges on your credit card statement.

Title Insurance Fees: The costs involved in purchasing title insurance. May include title insurance policy and search fees.

User Fees: Any of various charges and assessments levied on a specifically delineated group that is directly subject to a particular government service, program, or activity: such fees are not levied o . . . View Full Definition

Tuition Fees: Money paid toward the cost of courses to be taken during a school year.

Participating Fees: The portion of total fees in a syndicated credit that go to the participating banks.

Slotting Fees: Paid by manufacturers to purchase shelf space in retail stores: such fees are a controversial issue in the food sector. Critics regard slotting fees as unearned store discounts (or even 'kic . . . View Full Definition