Business / Taxes / Surrender Fee: A surrender fee is the penalty you owe if you withdraw money from an annuity or mutual fund within a certain time period after purchase. The period is set by the seller. In the case of a mutual fund, it's designed to prevent in-and-out trading in a fund, which might require the fund manager to liquidate holdings in order to redeem your shares. In the case of an annuities contract, there's the additional motive of covering the sales charge paid to the investment professional who sold you the product.
Fee Noun Synonyms: pay, payment, emolument, compensation, recompense, honorarium, remuneration, rate, wage(s), stipend, salary
Fee Verb Synonyms: charge, price, cost, fare, bill, tariff, toll, damage(s)
Surrender Noun Synonyms: submission, capitulation, yielding, renunciation, relinquishment, yielding, transferral, transfer, transference, handing or turning over, conveyancing, ceding, cession, concession
Surrender Verb Synonyms: give up, yield, let go (of), relinquish, deliver (up), hand over, forgo, forsake, turn over, turn in, part with, cede, concede
Life Style / Coffee / Natural Coffee: Coffee processed by removing the husk or fruit after the coffee fruit has been dried. When only ripe fruit is utilized and the drying is done carefully dry-processed coffee can be complex, fruity, and MORE
Science / Biology / Negative Feedback: The stopping of the synthesis of an enzyme by the accumulation of the products of the enzyme-mediated reaction. MORE