Meaning BACK-END LOAD FUND: A mutual fund that charges investors a fee to sell (redeem) shares, often ranging from 4% to 6%. Some back-end load funds impose a full commission if the shares are redeemed within a designated length ofg time, such as one year. The commission decreases, the longer the investor holds the shares. The formal name for the back-end load is the contingent deferred sales charge, or C.D.S.C
More terms such as Back-end load fund in Dictionary B.
- Definition Business Segment Reporting:
- Examples Reporting the results of the separate divisions or subsidiaries of a business back-end load fund definition.
- Definition Bretton Woods Agreement:
- Examples by the original United Nations members in 1944 that established the International Monetary Fund (I.M.F.) and the post-World War II international monetary system of fixed exchange rates back-end load fund explain.
- Definition Buy On Opening:
- Examples Buying at the beginning of a trading session at a price within the opening range back-end load fund what is.
- Definition Bargain Hunter:
- Examples In the context of general equities, purchaser who is extremely selective in the price sought on a transaction back-end load fund meaning.
- Definition Bankruptcy View:
- Examples The argument that expected bankruptcy costs preclude firms from financing entirely with debt back-end load fund abbreviation.
