Business and Personal Finance Dictionary

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• LOAD FUND - Some mutual funds charge a load, or sales commission, when you buy or sell shares or, in so...
  
  
• LOAD SPREAD OPTION - A method of allocating the annual sales charge on load funds, often through percen...
  
  
• LOAD-BEARING WALL - Any exterior wall, and any interior wall that supports its weight and the weight of...
  
  
• LOAD-TO-LOAD - Arrangement whereby the customer pays for the last delivery when the next one is receive...
  
  
• LOADED COUPONING - the practice of a lender including the cost of mortgage insurance in the interest ra...
  
  
• LOADED LABOR RATE - the employee hourly rate plus employee benefits, capital expenses, and other overhe...
  
  
• LOAN - Loan is a type of debt. Like all debt instruments, a loan entails the redistribution of financia...
  
  
• LOAN "CHURNING" - The process of raising cash periodically through successive cash-out refinancings. I...
  
  
• LOAN ADMINISTRATION - A mortgage banking function which includes the receipt of payments, customer serv...
  
  
• LOAN ADVANCES - payments made to a borrower, or to another party on behalf of a borrower