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.
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Related Terms
front-end load, contingent deferred sales charge, exit fee, B shares
'back-end load
' appears in the definitions of these terms on BusinessDictionary.com
load fund
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