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
Words nearby front-end load
front runner,
front up,
front walkover,
front-drive,
front-end,
front-end load,
front-end loader,
front-end processor,
front-line,
front-load,
front-loader
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