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Describe the mating surfaces of explosionproof equipment.
Front-end Load
A commission or sales charge applied at the time of the initial purchase of an investment, usually used in mutual funds.
Back-end Load
A fee paid by an investor when shares are sold, typically used in mutual funds, where the fee decreases over time the investment is held.
Annual Fees
Refers to the yearly charges associated with having an account, typically found in credit cards or investment accounts, to cover account management services.
12b-1 Fees
These are annual fees charged by a mutual fund to cover marketing, distribution, and sometimes administrative expenses, directly reducing the fund's return to its investors.
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