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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.

See Examples For:

Mr. Yoder, who lives in Dallas and retired six years ago from Fannie Mae, said he self-manages eight no-load equity mutual funds in his I.R.A. to avoid an annual fee or other sales charges.

From New York Times Jan. 30, 2020

If you think the fund can do that, and that no comparable no-load fund will do as well, then paying the load may make sense.

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

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

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