Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
load fund
A mutual fund that charges a commission, usu. ranging from 4 to 9%, either when shares are purchased (a front-end load) or when they are redeemed (a back-end load).
no-load fund
A mutual fund that does not charge any sales commission (although it may charge fees to cover operating costs).
no-load fund.
See MUTUAL FUND.