AFTER REIMBURSEMENT EXPENSE RATIO
The payment of actual expense made by mutual fund investors. The calculation of after reimbursement expense ratio is done by subtracting the contractual fee waivers and management's reimbursements to the fund from the gross expense ratio.
Also referred as "net expense ratio."
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Voting Trust Certificate
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Ratio determining the default risk of a potential homebuyer if he would purchase a home using multiple mortgages. In general, creditors are willing ...
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