| 单词 | front-end load |
| 释义 | front-end load in British Englishnoun commission and other expenses paid for as a large proportion of the early payments made by an investor in an insurance policy or a long-term investment plan Derived forms front-end loading noun front-end load in Insurance (frʌnt ɛnd loʊd) Word forms: (regular plural) front-end loads noun (Insurance: General) loadA front-end load is a the charging of costs at the beginning of an insurance policy rather than spreading them over its term. Replacement of an existing life insurance policy generally is not in the policy owner'sbest interest, as a new front-end load for commissions and expenses must be paid. Variable annuities often come with substantial front-end loads as well as annual charges that run to about twice those of no-load funds. A front-end load is a the charging of costs at the beginning of an insurance policy rather than spreadingthem over its term. |
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