front-end load

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. 2014.
Cite This Source Link To front-end load
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
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
Cite This Source
Copyright © 2014 Dictionary.com, LLC. All rights reserved.
  • Please Login or Sign Up to use the Recent Searches feature