Business / Taxes / Expense Ratio: An expense ratio is the percentage of a mutual fund's or variable annuity's total assets deducted to cover operating and management expenses. Those expenses include employee salaries, custodial and transfer fees, distribution, marketing, and other costs of offering the fund or contract. However, they don't cover trading costs or commissions. For example, if you own shares in a fund with a 1.25% expense ratio, your annual share is $1.25 for every $100 in your account, or $12.50 on an account valued at $1,000. Expense ratios vary from one fund company to another and among different types of funds. Typically, international equity funds have among the highest expense ratios, and index funds among the lowest. Similar differences in expense ratios are characteristic of different variable annuity investment accounts.
Expense Noun Synonyms: detriment, sacrifice, cost, loss, impairment, ruin, destruction
Ratio Adverb Synonyms: proportion, relationship, correlation, correspondence
Business / Finance / Expensed: The percentage of the assets that are spent to run a mutual fund (as of the last annual statement). This includes expenses such as management and advisory fees, overhead costs, and 12b-1 (distribution MORE
Health / Dentistry / Osseointegration: Implies that a contact is established without interposition of non-bone tissue between normal remodeled bone and an implant entailing a sustained transfer and distribution of load from the implant to MORE