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front-end load

[fruhnt-end]
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noun
  1. the sales commission and other fees taken out of the first year's payment under a contractual plan for purchasing shares of a mutual fund (front-end load fund) over a period of years.
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Origin of front-end load

First recorded in 1960–65
Also called front· load·.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

British Dictionary definitions for front-end load

front-end load

noun
  1. commission and other expenses paid for as a large proportion of the early payments made by an investor in an insurance policy or a long-term investment plan
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Derived Formsfront-end loading, noun
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