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Definition of 'back-end load'

back-end load in British

noun
the final charges of commission and expenses made by an investment trust, insurance policy, etc, when the investor is paid out
Collins English Dictionary. Copyright © HarperCollins Publishers
Derived forms
back-end loading
  noun

back-end load in Finance

(bæk ɛnd loʊd)
Word forms: (regular plural) back-end loads
noun
(Finance: Investment)
A back-end load is a charge that an investor pays when they sell shares in a mutual fund, or when they cancel a life insurance policy.
A back-end load can amount to as much as 5 or 6 percent of the investment.
Some back-end load funds impose a full commission if the shares are redeemed within a designated length of time, such as one year.
A back-end load is a charge that an investor pays when they sell shares in a mutual fund, or when they cancel a life insurance policy.
Collins English Dictionary. Copyright © HarperCollins Publishers

back-end load in Insurance

(bæk ɛnd loʊd)
Word forms: (regular plural) back-end loads
noun
(Insurance: Life insurance)
A back-end load is a charge that an investor pays when they cancel a life insurance policy.
Universal life policies usually carry a back-end load, often called a surrender charge, which ordinarily is a graded penalty applied against the cash value if the policy is terminated within a few years of issue.
When the investor exits a mutual fund, a back-end load is applied which reduces the redemption value.
A back-end load is a charge that an investor pays when they cancel a life insurance policy.
load
Collins English Dictionary. Copyright © HarperCollins Publishers

Nearby words of 'back-end load'

  • back, sack, and crack
  • back-breaking
  • back-dated
  • back-end load
  • back-heel
  • back-kitchen
  • back-of-the-envelope

  • All ENGLISH words that begin with 'B'

Source

Definition of back-end load from the Collins English Dictionary

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