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English definition of “B share”

B share

noun [C]
 
 
FINANCE, STOCK MARKET a type of share in a unit trust or mutual fund (= investment service managed by financial experts) that carries a sales charge when it is sold, rather than when it is bought: B shares have no front-end sales fee but higher annual costs. →  Compare A share , C share
(Definition of B share from the Cambridge Business English Dictionary © Cambridge University Press)
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