VALIDATE Definition

Bookmark and Share

VALIDATE is to a. declare or make legally valid; b. mark with an indication of official sanction; or, c. to establish the soundness of; corroborate.

Learn new Accounting Terms

MANAGEMENT EXPENSE is the management fee deducted from a funds average net assets to pay an advisor or sub-advisor. This fee is normally on a sliding scale. As the net assets of the fund increase, the percentage deducted for management fees decreases. A fund can also have a fixed rate or flat fee to compensate the advisor.

LEXIS is Legal Exchange Informaton Service.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.