Levy and Liquidity fee: Difference between pages

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imported>Doug Williamson
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imported>Doug Williamson
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1. ''Verb.''
With effect from October 2016, a fee which can be levied by the board of a money market fund on redemptions under times of market stress, in order to reduce the risk of a run on the fund.


To charge or impose a fee or a tax.


 
== See also ==
2. ''Tax.''
* [[Liquidity]]
 
* [[Money market fund]]
A particular tax or similar charge.
* [[Redemption gate]]
 
* [[Run]]
For example, the UK's Climate Change Levy, and the levy payable to fund the Financial Services Compensation Scheme.
* [[Variable net asset value]]
 
 
==See also==
*[[Climate Change Levy]]
*[[Duty]]
*[[Financial Services Compensation Scheme]]
*[[Health and Social Care Levy]]
*[[Surcharge]]
*[[Tax]]
* [[UK Bank Levy]]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Cash_management]]
[[Category:Financial_products_and_markets]]
[[Category:Liquidity_management]]
[[Category:Trade_finance]]

Revision as of 07:38, 19 June 2016

With effect from October 2016, a fee which can be levied by the board of a money market fund on redemptions under times of market stress, in order to reduce the risk of a run on the fund.


See also

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