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

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.

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

Nearby words of 'back-end load'

Source

Definition of back-end load from the Collins English Dictionary

Ought to

The use of ought to is similar to should, but it is much less frequent. Like should, the verb ought to does not have a past form. It is only used with reference to the present and the future. Ought ...