Management fee
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management fee
n.
monthly fee paid to a bank for the handling of a bank account
Campbell R. Harvey's Hypertextual Finance Dictionary
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Management fee
An
investment
advisory fee charged by the financial advisor to a
fund
based on the fund's
average
assets
, but sometimes determined on a sliding scale that declines as the dollar amount of the fund increases.
Copyright © 2000,
Campbell R. Harvey
. All Rights Reserved.
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