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front-end load

[fruhnt-end] /ˈfrʌntˌɛnd/
noun
1.
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
1960-1965
1960-65
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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British Dictionary definitions for front-end load

front-end load

noun
1.
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
Derived Forms
front-end loading, noun
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word Value for front

8
9
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