no-load

Without sales charges

No-load describes mutual funds that don't charge sales commissions when you buy or sell shares: a no-load index fund.

The term contrasts with load funds, which charge fees—front-end loads when purchasing, back-end loads when selling.

No-load funds still have operating expenses, but investors avoid the commission that typically goes to brokers or advisors.

mechanical

freewheeling

Acting without restraint

freewheel · neutral · declutched · spinning · unpowered · slack · unencumbered · unburdened

investment

front-end

User-visible portion

portfolio · diversification · Vanguard · Fidelity · retirement · IRA · 401k · securities · NAV · redemption

electrical

standby

Ready substitute awaiting use

baseline · draw · consumption · efficiency · rating · wattage · amperage

Opposites
investment fund fee structure

no-loadcommission-based

Compensated by percentage sold

load · front-load · commissioned

electrical/mechanical load state

no-loadloaded

Weighted or wealthy

full load · maximum load · at capacity · load-bearing · peak load

Family

no, load, loads, loaded, loading, loader, loaders, unload, unloaded

Familiarity
Top 1,000,000
Profile
Used worldwide · Timeless · Rated G