sales charge
noun[C]
ukusFINANCE,STOCK MARKET,INSURANCE
anadditionalamountofmoneythat youpaywhen youbuyshares,insurance, or otherfinancialproductsfrom abroker:
a sales charge on sthThere is nosaleschargeondividendsthat are reinvested inadditionalshares.
Thousands ofpeopletaking outpensionshave beenhitbycripplingsalescharges.
See also
front-end