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closed-end

Syllabification: closed-end
Pronunciation: /ˌklōzdˈend
 
/

Definition of closed-end in English:

adjective

1Having a predetermined and fixed extent: a closed-end contract
More example sentences
  • There are two types of car leases: closed-end and open-end.
1.1North American Denoting an investment trust or company that issues a fixed number of shares.
Example sentences
  • One innovation that might be equal to this task is a closed-end investment fund for emerging market securities.
  • Unlike mutual funds, which make new shares available when investors want to buy and redeem when they sell, closed-end funds issue a fixed number of shares that trade on a stock exchange.
  • Because investment trusts are closed-end funds, they don't have to buy and sell shares when new investors join and old ones leave.

Definition of closed-end in:

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