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 - More

contingent deferred sales charge -

Related Terms on BusinessDictionary

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back-end load is ...

... part of the Mutual Funds and Retirement subjects.

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