redemption fee

Hindi translation: मोचन शुल्क

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:redemption fee
Hindi translation:मोचन शुल्क
Entered by: Amar Nath

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15:42 Oct 21, 2009
English to Hindi translations [PRO]
Bus/Financial - Investment / Securities
Additional field(s): Accounting, Finance (general)
English term or phrase: redemption fee
Definition from Rafferty Capital Markets, LLC:
A sales charge or commission paid when an individual sells an investment, such as a mutual fund or an annuity. Intended to discourage withdrawals.

Example sentence(s):
  • Unlike a back-end load, which profits the fund company, redemption fees go back into the fund itself and thus do not represent a net cost to shareholders. MiMi.hu
  • In order to process a short-term redemption fee, shares of mutual funds that carry such a fee must be tracked, or aged, beginning at the time of purchase. Then, at the time of sale, shares must be examined to determine if they are subject to a redemption fee. Variable Annuity Life Insurance Company
  • A redemption fee is another type of fee that some funds charge their shareholders when the shareholders redeem their shares. Although a redemption fee is deducted from redemption proceeds just like a deferred sales load, it is not considered to be a sales load. US Securities and Exchange Commission
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मोचन शुल्क
Definition:
यह एक प्रकार का विक्रय शुल्क है, जो किसी निवेश जैसे म्युचुअल फंड आदि को बेचते समय दिया जाता है।
Selected response from:

Amar Nath
India
Grading comment
4 KudoZ points were awarded for this answer



Summary of translations provided
5 +2मोचन शुल्क
Amar Nath


  

Translations offered


11 hrs   confidence: Answerer confidence 5/5 peer agreement (net): +2
मोचन शुल्क


Definition from own experience or research:
यह एक प्रकार का विक्रय शुल्क है, जो किसी निवेश जैसे म्युचुअल फंड आदि को बेचते समय दिया जाता है।

Example sentence(s):
  • 5. मोचन शुल्क: एक पुराने ऋण के लिए, आप इसे पूर्व भुगतान दंड के प्रश्न में एजेंसी को देने हैं. वे आम तौर पर 6 महीने के ब्याज, से अधिक बकाया पूंजी की 3% नहीं हैं. आप इन दंड देना अनिवार्य, भले ही वे हामीदारी क्रेडिट बातचीत के जरिए किया गया है. वास्तव में, अनुबंध अब भी ऋण की मुक्ति के मामले बाहर. - Abomag  
  • म्युचुअल फंड के साथ संबद्ध लागत पर नहीं संचालन व्यय में शामिल लोड और मोचन शुल्क, जो कि, यदि वे लागू होते हैं, सीधे कोष निवेशक द्वारा भुगतान किया जाता है. - student of markets  

Explanation:
Redemption के लिए भारतीय रिज़र्व बैंक की शब्दावली में प्रतिदान, मोचन, शोधन, छुडाना शब्द मिलते हैं, जिनमें मोचन वांछित अवधारणा के सबसे नजदीक है।

http://chennairbi.rbi.org.in/BankingShabdavali/search.aspx?e...

http://hi.wiktionary.org/wiki/P-R_से_आरम्भ_लेखा_शब्द
Amar Nath
India
Local time: 04:03
Native speaker of: Hindi
PRO pts in category: 12

Votes in favor of/against selecting this as the best translation of the term asked
Yes  JMeenakshi
9 days
  -> धन्यवाद मीनाक्षी जी

Yes  C.M. Rawal
9 days
  -> धन्यवाद रावल जी
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