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 additional amount of money that you pay when you buy shares, insurance, or other financial products from a broker:

a sales charge on sth There is no sales charge on dividends that are reinvested in additional shares.
Thousands of people taking out pensions have been hit by crippling sales charges.

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(Definition of “sales charge” from the Cambridge Business English Dictionary © Cambridge University Press)