- 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.
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
- 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