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no-load

American

[noh-lohd] / ˈnoʊˌloʊd /

adjective

(of a mutual fund or its shares) free of any sales charges.

Etymology

Origin of no-load

First recorded in 1950–55

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

More ingenious come-ons might entice players to visit no-load mutual funds aiming at young people with no previous exposure to the world of finance.

From The Wall Street Journal • Aug. 5, 2016

Look for no-load mutual funds and no transaction fee funds.

From US News • Jun. 3, 2016

Plenty of no-load funds — those without such commissions — are sold today.

From New York Times • May 7, 2016

Turnover at the no-load fund is a mere 8%.

From Forbes • Mar. 26, 2014

As he closed the switch, on no-load, the electrostatic voltmeter flopped over instantly, and steadied at just over 80,000 volts.

From The Ultimate Weapon by McConnell, Gerald

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023