Examlex
Operating leverage exists when:
Sales Commission
A payment made to a salesperson or broker for facilitating a sale, typically calculated as a percentage of the sale price.
Load Fund
A mutual fund that charges a fee (load) for buying or selling shares, in addition to the management fees.
Managed Investment Company
A company that pools funds from investors to collectively invest in securities.
Hedge Funds
Investment funds that employ various strategies to earn returns for their investors, often involving higher risk.
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