Ter
Abbreviation with 2 meanings
| Stands for | Terrace |
|---|---|
| Meanings | 2 |
| Categories | Geography & Places, Business & Finance |
| Also written | TER |
Ter has two meanings. It stands for Terrace (address) or Total expense ratio (stock market & investing).
Meanings of Ter at a glance
| # | Ter stands for | Context |
|---|---|---|
| 1 | Terrace | Geography & Places › Address |
| 2 | Total expense ratio | Business & Finance › Stock Market & Investing |
1. Terrace
Geography & Places · Address Abbreviations
Suggests a raised level area or a row of houses along a slope; in Britain a terrace is also a row of joined houses. In US subdivisions the name is mainly decorative.
Example: The garden tour starts at 31 Highland Ter.
TER is the USPS form, and Terr. appears in older addresses. A British terraced house shares side walls with its neighbors, which is unrelated to the street name.
2. Total expense ratio (TER)
Business & Finance · Stock Market & Investing Abbreviations
Annual cost of running a fund, expressed as a percentage of its assets, covering management fees, administration, custody and other operating costs. A TER of 0.20 percent means $2 a year for every $1,000 invested.
Example: The new global equity ETF has a TER of 0.07 percent, among the cheapest in Europe.
The term is used mainly in Europe, the UK and India; US funds report an "expense ratio" in their prospectus. TER usually excludes trading costs and performance fees, so the full cost of ownership can be higher. European fund documents also show an "ongoing charges" figure that is broadly similar.
Related abbreviations
More address abbreviations
- Sta – Station
- Ste – Suite
- STN – Station
- Stra – Stravenue
- Tpke – Turnpike
- Trce – Trace
- Trfy – Trafficway
- Trl – Trail
See all 118 address abbreviations →