Management Expense Ratio Law and Legal Definition
Management Expense Ratio (MER) is a measure of the various expenses incurred by a mutual fund on an annual basis. When a mutual fund or fund rating service publishes its annual return, MER is the net return achieved after all expenses.
Legal Definition list
- Management Decision
- Management by Objectives
- Management Buyout
- Management and Professional Support Services
- Management and Operating Contracts
- Management Expense Ratio
- Management Fee
- Management Information Systems
- Management Official [Banks & Banking]
- Management Prerogative Law
- Management Services [Education]