back-end load

Definition
A sales charge or commission paid when an individual sells an investment, such as a mutual fund or an annuity. Intended to discourage withdrawals. also called redemption fee or deferred sales charge.




back-end load is ...
... part of the
Mutual Funds and Retirement subjects.


Related Terms

front-end load -  More
contingent deferred sales charge -
exit fee -  More
B shares, reclassification, R share


back-end load appears in the definitions of these other terms on BusinessDictionary.com

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