Stock Investing Definition

The definition of Load is:

The commission fee (known as a sales charge) paid by an investor who buys shares in a mutual fund or insurance policy. A front-end load, perhaps 5.5%, is imposed when an investor first purchases shares in the fund as well as any subsequent shares. A back-end load is charged when an investor takes money out of the fund, though this charge usually declines to nothing after five or six years.

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