Financial Dictionary

This dictionary contains:
24549
financial terms

Low load fund




Low load fund

A mutual fund that charges a sales commission of 3.5% or less for the purchase of shares.

RELATED TERMS
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Fund
To provide money for a specific purpose; an amount of money saved for a specific purpose.

Commission
The fee paid to a broker to execute a trade, based on number of shares, bonds, options, and/or their dollar value. In 1975, deregulation led to the establishment of discount brokers, who charge lower commissions than full service brokers.

Purchase
Buy; be long; have an ownership position.

Shares
Certificates or book entries representing ownership in a corporation or similar entity.



SIMILAR TERMS
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Low balance method
A method of calculating interest on the basis of the lowest balance of an account over the applicable period.

Low ball
Slang for making an offer well below the fair value of an asset in hopes that the seller may be desperate to sell.

Low coupon bond refunding
Refunding of a low-coupon bond with a new, higher-coupon bond.

Low grade
A bond with a rating of B or lower.

Low price
The day's lowest price of a security that has changed hands between a buyer and a seller.

Low price earnings ratio effect
The tendency of portfolios of stocks with a low price-earnings ratio to outperform portfolios of stocks with high price-earnings ratios.



PREVIOUS AND NEXT TERMS
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Low
It means the lowest price (daily, weekly, monthly, historically etc).

Low balance method
A method of calculating interest on the basis of the lowest balance of an account over the applicable period.

Low ball
Slang for making an offer well below the fair value of an asset in hopes that the seller may be desperate to sell.

Low coupon bond refunding
Refunding of a low-coupon bond with a new, higher-coupon bond.

Low grade
A bond with a rating of B or lower.

Low load fund

Low price
The day's lowest price of a security that has changed hands between a buyer and a seller.

Low price earnings ratio effect
The tendency of portfolios of stocks with a low price-earnings ratio to outperform portfolios of stocks with high price-earnings ratios.

Lower
To decrease (a price, tax rate, interest rate, etc.).

Lower of cost and market method
A requirement of GAAP in the United States that inventory be recorded at the lower of either the cost to produce it, the cost to repurchase it or the market value of the inventory.

Lower rate tax
The lowest rate of income tax in the UK.

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This dictionary contains 24549 terms.







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