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LSDefine

Simple English definitions for legal terms

sales load

Read a random definition: race of diligence

A quick definition of sales load:

Sales Load: A sales load is an extra amount of money added to the price of a security or insurance premium to cover the commission and expenses of the salesperson. It is also known as a load or acquisition cost. For example, a mutual fund may have a high front-end load, which means that a percentage of the investment amount is deducted as a sales charge when the investor buys the fund.

A more thorough explanation:

Definition: Sales load refers to an additional amount added to the price of a security or insurance premium to cover the sales commission and expenses.

For example, if you invest in a mutual fund with a front-end load of 5%, you will pay an additional 5% on top of the fund's net asset value (NAV) to cover the sales commission and other expenses. So, if the NAV of the fund is $10 per share, you will pay $10.50 per share to buy the fund.

Another example is when you buy an insurance policy with a sales load. In this case, a portion of your premium payment goes towards paying the sales commission and other expenses.

These examples illustrate how sales load can increase the cost of investing in securities or buying insurance. It's important to understand the sales load and other fees associated with an investment or insurance product before making a decision.

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im distracting myself by schizo-scrolling r/lawschoolamissions and every conceivable data point on this godforsaken website
it is not working
Haaa I naturally want to do that too. I’m trying to stop. They need a surgeon general’s warning on this site for perspective law students
i spend more time on here then anything else trying to rationalize that the waves from last year will match waves for this year (they won't) and that the stats of people with the same stats are indicative of my own (they aren't)
There aren't many people in my stat range so I pretty much know every result in my range after being on here for a few years
9:28
congrats on the 172 bruce
go dawgs fr
9:29
roll tide
do we foresee a fordham election day wave today (i'm delusional)
WorthlessAttractiveZombie
9:31
I think so, Jack
9:31
some people hate him. some people love him, but he a real one: https://youtu.be/w5oEqiVQcF4?t=173
9:32
[kevin oleary]
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
WorthlessAttractiveZombie
9:34
I mean if Fordham doesn't release today I will purposefully get on a train, go to new york, and then take the stinkiest shit inside the admission office's toilet (potentially clogging it and forcing them to get a plumber)
IS IT ONLY ON MY END WHY DID THAT SEND TEN MILLION TIMES
HELLO
WorthlessAttractiveZombie
9:35
it sent a million times lol
WHAT HAPPENED
yeah i thought you were tweaking for a second
i'm so sorry everyone what the actual fuck this website hates me
WorthlessAttractiveZombie
9:35
Jack's just tweaking on LSD no biggie
to be fair this accurately represents my mental state
election day psychosis coming in hot (fordham)
usc pls pull through .....
i literally just need one A so i can relax before my ED decision
WorthlessAttractiveZombie
9:38
oh that's right USC might release
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