no-load stock

no-load stock definition - business

no-load stock

A stock that can be purchased directly from the issuing company whether one is already a stockholder or not. Investors can acquire no-load stocks without paying a brokerage commission or opening an ordinary brokerage account.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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