Examlex
________ programs are software tools that transform general-purpose computers into special-purpose tools.
Liabilities
Financial obligations or debts owed by a person or business to others, required to be repaid over time.
Operating Expense Fee
Fees charged by mutual funds and investment companies for the cost of managing the fund, including administrative and management services.
Front-End Load Fee
A charge applied at the time of purchase of an investment, typically pertaining to mutual funds.
12b-1 Fee
A fee that mutual funds may charge for marketing, distribution, and service expenses, expressed as a percentage of assets under management.
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