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no-load

American  
[noh-lohd] / ˈnoʊˌloʊd /

adjective

  1. (of a mutual fund or its shares) free of any sales charges.


Etymology

Origin of no-load

First recorded in 1950–55

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

In fact, many no-load advocates like McGuinness say index-style funds are the way to go.

From US News • Sep. 12, 2016

More ingenious come-ons might entice players to visit no-load mutual funds aiming at young people with no previous exposure to the world of finance.

From The Wall Street Journal • Aug. 5, 2016

Plenty of no-load funds — those without such commissions — are sold today.

From New York Times • May 7, 2016

According to Morningstar, his 5-star rated no-load mutual fund is the number one ranked fund in its category for one-, three- and five-year return periods.

From Forbes • May 15, 2015

As he closed the switch, on no-load, the electrostatic voltmeter flopped over instantly, and steadied at just over 80,000 volts.

From The Ultimate Weapon by McConnell, Gerald