Dictionary
Thesaurus
Encyclopedia
Translator
Web

maintenance fee

 - 1 dictionary result
Financial Dictionary

maintenance fee

The fee charged by a financial institution to keep an investor's account. For example, some brokerage firms levy a maintenance fee on accounts that have been inactive during a year. Nearly all firms offering sweep accounts charge an annual maintenance fee.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
Cite This Source
Search another word or see maintenance fee on Thesaurus | Reference
FacebookTwitterFollow us: