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Vigorish (also known as juice, under-juice, the cut, the take, the margin, the house edge or the vig) is the fee charged by a bookmaker for accepting a gambler's wager. In American English , it can also refer to the interest owed a loanshark in consideration for credit.
The rake for participation in poker tournaments is collected as an entrance fee. This may be displayed by showing the tournament buy-in as $100+$20, with the $20 being the house fee or "Vig" . Other times they will show their buy-in as $100 and list the percentage they take for expenses.
One notable component of the expense ratio of U.S. funds is the "12b-1 fee", which represents expenses used for advertising and promotion of the fund. 12b-1 fees are paid by the fund out of mutual fund assets and are generally limited to a maximum of 1.00% per year (.75% distribution and .25% shareholder servicing) under FINRA Rules. [7]
Mutual fund fees are computed by multiplying the sales charge by your invested assets. For sales charges, the computation is (sales charge percentage x assets invested). For example, if you invest ...
Maintenance or service fee. Some banks charge fees each month for simply holding your money, but many of the best high-yield savings accounts charge no monthly maintenance fees if you can meet ...
A U.S. judge overseeing an auction of shares in the parent of Venezuela-owned Citgo Petroleum on Monday agreed to reopen a data room to allow potential buyers to prepare new bids, a court document ...
In an effort to save on cash processing and hand handling fees, 22 national parks have gone cashless as of 2023. In September 2023, U.S. Senator Cynthia Lummis (R-WY) proposed the "Protecting Access to Recreation with Cash Act" (PARC) which would require national parks to accept cash as a form of payment for entrance fee. [13]
The terminal has fifty-foot-deep entrance channels at the north and south ends. The terminal is serviced by 89,300 feet (27,200 m) of rail track and 11 Suez-class container cranes. A marginal wharf measuring 5,730 feet (1,750 m) long provides five berths for vessels carrying containerized, breakbulk, and roll-on/roll-off cargoes.