front-end load

[fruhnt-end]

front-end load

[fruhnt-end]
noun
the sales commission and other fees taken out of the first year's payment under a contractual plan for purchasing shares of a mutual fund (front-end load fund) over a period of years.
Also called front load.


Origin:
1960–65
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2012.
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Front-end load is always a great word to know.
So is slumgullion. Does it mean:
a stew of meat, vegetables, potatoes, etc.
a calculus or concretion found in the stomach or intestines of certain animals, esp. ruminants, formerly reputed to be an effective remedy for poison.
Collins
World English Dictionary
front-end load
 
n
commission and other expenses paid for as a large proportion of the early payments made by an investor in an insurance policy or a long-term investment plan
 
front-end loading
 
n

Collins English Dictionary - Complete & Unabridged 10th Edition
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