From Longman Business Dictionarymanagement chargeˈmanagement charge1[countable]FINANCE an amount charged by a BROKER or INVESTMENT FUND for managing investors’ moneyOne of the advantages of investment trusts is the relatively low management charges and dealing costs.2[countable]PROPERTY an amount charged by a company that manages property to the owner of a building or TENANTs (=those renting it) → charge
