designating or of mutual funds charging no commissions on sales
a no-load mutual fund
no-load
no-loadWebster's New World College Dictionary, Fifth Edition Copyright © 2014 by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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"no-load." YourDictionary, n.d. Web. 14 January 2019. <https://www.yourdictionary.com/no-load>.
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no-load. (n.d.). Retrieved January 14th, 2019, from https://www.yourdictionary.com/no-load
no-load
adjective
BusinessNot charging a fee when shares are purchased or redeemed: a no-load mutual fund.
THE AMERICAN HERITAGE® DICTIONARY OF THE ENGLISH LANGUAGE, FIFTH EDITION by the Editors of the American Heritage Dictionaries. Copyright © 2016, 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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MLA Style
"no-load." YourDictionary, n.d. Web. 14 January 2019. <https://www.yourdictionary.com/no-load>.
APA Style
no-load. (n.d.). Retrieved January 14th, 2019, from https://www.yourdictionary.com/no-load
Adjective
(not comparable)
- (US, especially of a financial instrument) Sold directly to a customer without a sales commission.
- (electricity) Not supplying power; open-circuited.
English Wiktionary. Available under CC-BY-SA license.
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Cite this page
MLA Style
"no-load." YourDictionary, n.d. Web. 14 January 2019. <https://www.yourdictionary.com/no-load>.
APA Style
no-load. (n.d.). Retrieved January 14th, 2019, from https://www.yourdictionary.com/no-load
no-load - Investment & Finance Definition
A term used to refer to a mutual fund that has no sales charge. It is in contrast to a load mutual fund, which does have a sales charge that pays the person selling it a commission and covers other marketing charges. However, the fund still charges an asset-management fee based on a percentage of the assets under management, which provides its profit.
Webster's New World Finance and Investment Dictionary Copyright © 2010 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.
Used by arrangement with John Wiley & Sons, Inc.
Link to this page
Cite this page
MLA Style
"no-load." YourDictionary, n.d. Web. 14 January 2019. <https://www.yourdictionary.com/no-load>.
APA Style
no-load. (n.d.). Retrieved January 14th, 2019, from https://www.yourdictionary.com/no-load
