Meaning of “back-end load” in the English Dictionary


"back-end load" in Business English

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back-end loadnoun [ C ]

uk us UK also exit charge

FINANCE an amount of money that an investor pays when selling shares in some types of investments:

The fund also carries a back-end load: 2.5% if you redeem within the first year, and 1.25% if you sell between one and two years.

(Definition of “back-end load” from the Cambridge Business English Dictionary © Cambridge University Press)