LOAD
load,n. An amount added to a security’s price or to an insurance premium in order to cover the sales commission and expenses <the mutual fund had a high front-end load>. — Also termed sales load; acquisition cost.
[Blacks Law 8th]
load,n. An amount added to a security’s price or to an insurance premium in order to cover the sales commission and expenses <the mutual fund had a high front-end load>. — Also termed sales load; acquisition cost.
[Blacks Law 8th]