Meaning LOAD FUND: A mutual fund that sells shares with a sales charge-typically 4% to 8% of the net amount indicated. Some no-load funds also levy distribution fees permitted by Article 12b-1 of the Investment Company Act; these are typically 0. 25%. A true no-load fund has neither a sales charge nor
More terms such as Load fund in Dictionary L.
- Definition Loss-Of-Income Insurance:
- Examples Insurance coverage that will pay out income that a policyholder loses as a result of a disability, injury, or business disruption load fund definition.
- Definition Late Tape:
- Examples A delay in the display of price changes on the tape of an exchange because of heavy trading. In severe instances the first digit of each price is intentionally deleted load fund explain.
- Definition Liquidation Value:
- Examples Net amount that could be realized by selling the assets of a firm after paying the debt load fund what is.
- Definition Limited Partnership:
- Examples A partnership that includes one or more partners who have limited liability load fund meaning.
- Definition Leveraged Investment Company:
- Examples An investment company or mutual fund entitled to borrow capital for its operations. Also, an investment company that issues both income shares and capital shares load fund abbreviation.
