Articles on: Investment Glossary

Contingent Deferred Sales Charge (CDSC)

A method of assessing a sales charge in variable annuities and mutual funds where the actual percentage of the sales charge is dependent upon the length of time that the investor holds the contract and is payable upon redemption of the shares. (Also called a Back-End Load.) See: Class B Shares.

Updated on: 24/04/2023

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