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back-end load

British  

noun

  1. the final charges of commission and expenses made by an investment trust, insurance policy, etc, when the investor is paid out

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

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You will find that some mutual funds in this classification have no back-end load fees at all.

From Encyclopedia.com Jun. 26, 2018

Expense ratios are usually between those of the other classes, and there may be a small back-end load that is waived for shares held longer than a year.

From US News Sep. 12, 2016

It's the same with a back-end load, where 5 percent can cost more if the fund has had healthy gains.

From US News Sep. 12, 2016

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