Front-end load



[fruhnt-end] /ˈfrʌntˌɛnd/

noun
1.
the sales commission and other fees taken out of the first year’s payment under a contractual plan for purchasing shares of a mutual fund (front-end load fund) over a period of years.
noun
1.
commission and other expenses paid for as a large proportion of the early payments made by an investor in an insurance policy or a long-term investment plan

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