Load

Definition:

The sales fee charged to an investor when shares are purchased in a load fund or annuity. See: Back-end load; front-end load; level load.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Earnings yield

The ratio of earnings per share, after allowing for tax and interest payments on fixed interest debt, to the current share price. The inverse of the price-earnings ratio. It is the total twelve... Read More

Subscribe to the Term of the Day via email Get the Term of the Day in your inbox!


Create your free portfolio