Examlex
Investors should avoid buying mutual funds with high fees because mutual funds with high fees:
Qualified Indorsement
An endorsement on a negotiable instrument that limits the liability of the indorser or specifies conditions for the payment.
Indorser
An entity or person who signs the back of a negotiable instrument, such as a check or promissory note, thereby transferring ownership or guaranteeing payment to another party.
Instrument
A tool or device used for a specific purpose, often referring to musical instruments or legal documents.
Maker
Typically refers to the individual or entity that creates or executes a financial instrument, like a check or promissory note, thereby committing to the terms outlined therein.
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