Definitions for "Bid or Sell Price"
Keywords:  redeem, redemption, nav, bought, mutual
The price a mutual fund pays to buy back shares. This price is the current net asset value minus any redemption fees or back-end loads.
The price at which a funds units or shares are redeemed (bought back) by the fund. The bid or redemption price means the current net asset value per share, less any redemption fee or back end load.
The price at which a mutual fund/unit trust’s shares are redeemed (bought back) by the mutual fund/unit trust.