FRONT-END LOAD


Meaning of FRONT-END LOAD in English

/frunt"end'/

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 .

[ 1960-65 ]

Random House Webster's Unabridged English dictionary.      Полный английский словарь Вебстер - Random House .