ENGLISH DICTIONARY

No-load

Definition & Meaning

Part of speech adjective

Quick meaning: No-load is an adjective meaning (US, especially of a financial instrument) Sold directly to a customer without a sales commission.

Meaning

(US, especially of a financial instrument) Sold directly to a customer without a sales commission.

More Meanings

  1. (electricity) Not supplying power; open-circuited.
  2. (US, finance) A financial instrument that is sold directly to a customer without a sales commission.

Word Forms

Related Words

Related dictionary entries include nonstockholding, nonborrowing, unloaded, noncommission, naked, noncarrying.

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Sources & Attribution

FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0

Dictionary data is provided by FreeDictionaryAPI.com and sourced from Wiktionary under its stated license.