SERVICE CHARGE Definition

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SERVICE CHARGE is an additional charge for a service for which there is already a basic fee; also called service fee.

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COLLECTIVE INVESTMENT SCHEME, globally, is any arrangement for pooling several investors funds so that the pooled fund can obtain economies of scale and a spread of investments beyond the reach of individual investors. It is usually called an investment company in the U.S.A.

C.G.A. means Certified General Accountant.

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