MLchartDataset catalogue

Wrap Account

Term · Finance and investing · MLC-T-FIN-000395

A wrap account is an investment account where a "wrapped" fee or fees cover all of the management, brokerage and administrative expenses for the account. The fee or fees are generally based on the total market value of the investment account.

Table 1. Record
IdentifierMLC-T-FIN-000395
FieldFinance and investing
ReferencesSEC Investor.gov Glossary
Record as JSON 
{
  "id": "MLC-T-FIN-000395",
  "term": "Wrap Account",
  "field": "Finance and investing",
  "definition": "A wrap account is an investment account where a \"wrapped\" fee or fees cover all of the management, brokerage and administrative expenses for the account. The fee or fees are generally based on the total market value of the investment account.",
  "references": [
    "SEC Investor.gov Glossary"
  ],
  "url": "https://mlchart.com/terminology/finance/wrap-account/"
}

Record 395 of 398 in Finance and investing terminology (MLC-0118). Request the full dataset.