Front-end Sales Load

{
  "id": "MLC-T-FIN-000177",
  "term": "Front-end Sales Load",
  "field": "Finance and investing",
  "definition": "A front-end sales load, also called a front-end load or front-end sales charge, is an upfront fee investors pay when they buy mutual fund shares. Funds typically use these fees to compensate brokers who sell the fund’s shares. A front-end sales load is deducted from the purchase and reduces the amount available to buy fund shares.",
  "references": [
    "SEC Investor.gov Glossary"
  ],
  "url": "https://mlchart.com/terminology/finance/front-end-sales-load/"
}