Verwaltungsgebühr
German
Etymology
Verwaltung (“administration/management”) + -s- + Gebühr (“fee/charge”)
Pronunciation
- IPA(key): [fɛɐ̯ˈvaltʊŋsɡəˌbyːɐ̯]
- Hyphenation: Ver‧wal‧tungs‧ge‧bühr
Noun
Verwaltungsgebühr f (genitive Verwaltungsgebühr, plural Verwaltungsgebühren)
- (finance) management fee, administration fee (a periodic payment made to an investment advisor or fund manager for their services in managing a portfolio)
- Die jährliche Verwaltungsgebühr wird prozentual vom verwalteten Anlagevolumen berechnet und dem Fondsvermögen direkt entnommen.
- The annual management fee is calculated as a percentage of the assets under management and is deducted directly from the fund's assets.
- Bei passiven Indexfonds ist die Verwaltungsgebühr in der Regel deutlich niedriger als bei aktiv gemanagten Investmentfonds.
- With passive index funds, the administration fee is usually significantly lower than with actively managed investment funds.
Declension
Declension of Verwaltungsgebühr [feminine]
Synonyms
- Managementgebühr (management fee)
- Verwaltungsentgelt (administration remuneration)
Antonyms
- Erfolgsvergütung (performance fee; as it is variable, not fixed)
Hypernyms
- Kostenfaktor (cost factor)
- Betriebsausgabe (operating expense)
Coordinate terms
- Anlagevolumen (the base for calculating the fee)
- Bestandshaltung (the ongoing holding which justifies the fee)
- Depotgebühr (custody fee; a related but distinct cost)
- Gesamtkostenquote (total expense ratio; including the management fee)
- Treuepflicht (the duty justifying the fee's collection)
Related terms
- gebührenpflichtig (subject to fees)
- Verwaltungsaufwand (administrative effort)
References
- “Verwaltungsgebühr” in Digitales Wörterbuch der deutschen Sprache
- “Verwaltungsgebühr” in Duden online