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Sale

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 Embedded terms in definition
 Sell
 
 Referenced Terms
 12b 1 fees: The percent of a mutual fund's assets used to defray marketing and distribution expenses. The amount of the fee is stated in the fund's prospectus. The SEC has recently proposed that 12B-1 fees in excess of 0.25% be classed as a load. A true no load fund has neither a Sales charge nor 12b-1 fee.Are charges assessed against an individual's mutual fund holdings for marketing and distribution expenses.A provision of the Investment Company Act of 1940 that allows a Mutual Fund to collect a fee for the promotion, Sale, or other activity connected with the distribution of its shares. The fee must be reasonable (typically 1/2 to 1% of net assets managed), up to a maximum of 8.5% of the offering price per share.

 Accounts receivable: Short term assets reflecting the amount owed by customers from the Sale of product or services on creditMoney owed to a business for merchandise or services sold on an open account. It is found on the Balance Sheet under Current Assets. It is used in analyzing a company's liquidity.Money owed by customers.

 Accrual basis: Recognizes revenue at the point of Sale and recognizes expenses that were incurred to earn that revenue (matching principle).

 Adjusted basis: The value attributed to an asset or security that reflects any deductions taken on, or capital improvements to the asset or security. Adjusted basis is used to compute the gain or loss on the Sale or other disposition of the asset or security.

 After tax proceeds from sale of old asset: Found by subtracting applicable taxes from the proceeds from the Sale of an old asset.

 
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