Open-End Investment

No-Load Fund
A no-load fund is a type of mutual fund offered by an open-end investment company that does not impose any sales charge (load) on its shareholders. Investors can buy shares in no-load funds directly from the fund companies, rather than through a broker, as is typical in load funds.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.