breakpoint

breakpoint definition - finance
In mutual funds sales, the minimum amount of money that an investor must invest to earn a reduction in sales charges. As the amount invested rises, fees are discounted even further. Typically breakpoints occur with Class A mutual funds shares, which have a front-end sales load.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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