Investor Glossary-maintenance feeInvestor Glossary-maintenance feeInvestor Glossary-maintenance feeInvestor Glossary-maintenance feeInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Maintenance Fee

The HTML to link to this page
 

In the financial sense, a maintenance fee is a fixed charge that covers the operating expenses of a brokerage account. Usually, the maintenance fee is charged annually. Some brokers, especially full-service brokers, may impose the maintenance fee as an alternative to charging a per-trade fee on each transaction. Sometimes, a fund may have a maintenance fee if its value is less than a certain dollar amount or if the fund becomes inactive. An asset management account, which combines banking services with brokerage features, and IRAs are examples of funds that typically have a maintenance fee. A maintenance fee may also be deducted from a mutual fund to cover operating expenses. Additionally, owners of annuities sometimes pay a maintenance fee to cover the administration of the contract, including various customer services, statement preparations, mailings and premium notices.



Rate this maintenance fee definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: reverse mortgage, required rate of return, per diem, debt service coverage, phantom income, open position, labor relations, covered put, APR, deferred revenue, annual return, balance sheet, ex-dividend, FICO score, implied volatility, irrevocable trust, 144a, dividends payable, LIBOR, real GDP, current ratio, VIX, quality assurance, Zero Cost Collar, option premium, class C shares, wholly-owned subsidiary, EBITDA, command economy, deferred tax, 1031 exchange, FTSE, stock split, 1035 exchange, ex-dividend date, inflation, retained earnings, minority interest, stock market close, Key Rate Duration, average price per share, cancelled check, risk management, diluted share, margin rate, limit order, 401a, liquidity ratio, in escrow


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Investor Glossary | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2016 Investor Glossary - All rights reserved - Terms of Use