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Contingent Deferred Sales Load

Contingent Deferred Sales Load Definition

A type of back-end load, the amount of which depends on the length of time the investor held his or her shares. For example, a contingent deferred sales load might be (X)% if an investor holds his or her shares for one year, (X-1)% after two years, and so on until the load reaches zero and goes away completely.
RELATED TERMS
Back-end load
Shares
RELATED CATEGORIES
Mutual Funds



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