Definition of closed-end in English:
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.
- 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:
- US English dictionary
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.