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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-endloadfund over a period of years.
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
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Derived Forms
- front-end loading, noun
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Word History and Origins
Origin of front-end load1
First recorded in 1960–65
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