sales charge Meaning in the Cambridge English Dictionary

Meaning of “sales charge” in the English Dictionary

"sales charge" in Business English

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sales chargenoun [C]

uk   us  
FINANCE, STOCK MARKET, INSURANCE an ​additionalamount of ​money that you ​pay when you ​buyshares, ​insurance, or other ​financialproducts from a broker: a sales charge on sth There is no ​salescharge on ​dividends that are reinvested in ​additionalshares. Thousands of ​people taking out ​pensions have been ​hit by crippling ​salescharges.
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(Definition of sales charge from the Cambridge Business English Dictionary © Cambridge University Press)
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“sales charge” in Business English

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