单词 | front-end charge |
释义 | > as lemmasfront-end charge 3. attributive (usually with hyphen). Originally U.S. Designating money paid or charged at the beginning of a transaction, esp. as front-end charge, front-end fee; (also) of transactions which involve such arrangements; front-end load n. (also front-end loading) the practice or result of arranging the repayments of a loan so that service charges and other fees relating to the whole period of the loan are recovered in the early payments. ΘΚΠ society > trade and finance > financial dealings > borrowing money > [noun] > arranging of loans > arrangement of loan repayment front-end load1962 1962 Wall St. Jrnl. 14 May 26/1 Under the so-called ‘front-end load’ system, a mutual fund concentrates its service charges for the entire contractual term into the opening years of the contract. 1970 Times 12 Feb. 24/1 He also criticized ‘front-end loading’ in the form of substantial legal, survey and administration fees. 1972 Real Estate Rev. Winter 21/1 The reasons for this phenomenal growth were manifold. Chief among them were that..condominium development required minimum front-end capital from the developer. 1977 Time (Atlantic ed.) 5 Sept. 49/3 Smaller banks rushed to make loans to Turkey because they could charge ‘front-end’ fees of 6% to 10% in addition to high regular interest rates. 1983 Times 23 July 13/6 Annual management charges..are between ½ and 1 per cent for the single currency funds. There is no ‘front-end load’. 1985 Times 9 Mar. 14 Why pay the five per cent front end charge, plus an annual management charge for something you can do yourself. < as lemmas |
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