Definition of no-load in English:
(Of shares in a mutual fund) sold directly to a buyer by the mutual fund itself without a commission being charged.
- Like many plans, this one sells no-load shares directly to investors who download an application or ask that one be mailed.
- Commissioned brokers may have access to certain no-load mutual funds in a variable annuity wrapper, but there still is a commission on the annuity.
- For many asset classes, there are dozens of no-load mutual funds to be investigated for purchase.
Definition of no-load in:
- US English dictionary
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the US
Most popular in the UK
Most popular in Canada
Most popular in Australia
Most popular in Spain
Most popular in Malaysia
Most popular in India
Most popular in Pakistan