Ability to transfer money from one mutual fund to another in the same group of mutual funds.
Literal Meanings of Exchange Privilege
Meanings of Exchange:
The act of giving and receiving other people in return (especially of the same type or price).
Sentences of Exchange
Negotiations led to land exchanges for peace
Synonyms of Exchange
swapping, barter, trafficking, change, switch, giving and taking, traffic, interchange, bandying, trade-off, trading, reciprocity, trade, swap
Meanings of Privilege:
Special rights, benefits or protections that are granted or available to certain individuals or groups.
Allow one or more.
Sentences of Privilege
Education is a right, not a privilege
The law of English inheritance gives this honor to the eldest child
Synonyms of Privilege
advantage, due, prerogative, right, benefit, entitlement, birthright