front-end load

[ fruhnt-end ]
/ ˈfrʌntˌɛnd /

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 of front-end load

First recorded in 1960–65

British Dictionary definitions for front-end load

front-end load

noun

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 of front-end load

front-end loading, noun