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Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Back End Load

Definition:

We'll skip the inappropriate jokes and just say that back end load refers to mutual fund b-shares, where you pay fees and commissions when selling your fund, not when you buy or when you hold (see b-shares). Here, "load" is commission and "back end" means that it's paid at the end of the holding period (when you sell).