No-load
Pronunciation: /ˈnoʊ- ˈɫoʊd/
No-load (adjective)
- Describing a financial product without extra charges for buying or selling.
- Describing an electrical device operating without any connected equipment using its power.
Examples
- The no-load fund attracted many investors.
- She prefers no-load investments to avoid extra costs.
Common collocations: no-load fund, no-load option, no-load investment, no-load condition, no-load test