No-load ( adjective , noun )

(As an adjective)

No-load ( adjective )

1. Without a burden or load.
2. Not charging a fee or commission for investment management.

Origin:

From the word 'no' + 'load' meaning without load or burden.

Examples:

1. The horse was able to run faster since it was carrying no load.
2. This mutual fund is a no-load investment, so you won't have to pay any fees.
3. The truck was traveling with a no-load capacity.
4. This type of investment is called no-load because there is no sales charge.
5. The backpacker carried a no-load pack, as all unnecessary items were left behind.

(As a noun)

No-load ( noun )

1. Without a burden or load.
2. Not charging a fee or commission for investment management.

Origin:

From the word 'no' + 'load' meaning without load or burden.

Examples:

1. The horse was able to run faster since it was carrying no load.
2. This mutual fund is a no-load investment, so you won't have to pay any fees.
3. The truck was traveling with a no-load capacity.
4. This type of investment is called no-load because there is no sales charge.
5. The backpacker carried a no-load pack, as all unnecessary items were left behind.