management fee
Definition
Remuneration paid to a management company which manages mutual funds, unit trusts, hotels, resorts, and offshore companies on behalf of investors/owners. This fee usually consists of a fixed monthly, quarterly, or annual amount plus a percentage of the revenue or income generated by the managed enterprise.
management fee is in the Accounting & Auditing, Entrepreneurship, Management, & Leadership and Investing subjects.
management fee appears in the definitions of the following terms: management contract, expense ratio, mutual fund, pass through security, management company and limited partnership
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