forward pricing

forward pricing definition - business

forward pricing

The pricing of mutual fund shares on the basis of the next net asset valuation following receipt of a customer's order to buy or sell. While the price is based on net asset value, this value is adjusted for any applicable redemption or sales fee. The SEC requires forward pricing.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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