Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
closed-end — ˈclosed end adjective [only before a noun] FINANCE a closed end fund or trust invests in a fixed number of shares, bonds etc: • a closed end mutual fund * * * closed end UK US adjective [before noun] ► FINANCE used to describe an investment fund… … Financial and business terms
closed-end — closed′ end′ adj. bus issuing shares of stock in blocks at infrequent intervals and under no obligation to repurchase them: a closed end investment company Compare open end 1) • Etymology: 1935–40; amer … From formal English to slang
closed-end — ☆ closed end [klōzd′end΄ ] adj. of or pertaining to an investment company issuing a fixed number of shares which are traded on an exchange … English World dictionary
closed-end — ˈklōzd+ adjective 1. : having a fixed capitalization of shares that are traded on the open market instead of being redeemed daily by the company at the demand of the holders a closed end investment company opposed to open end 2. : issued to the… … Useful english dictionary
closed-end — adjective Date: circa 1938 having a fixed capitalization of shares that are traded on the market at prices determined by the operation of the law of supply and demand < a closed end investment company > compare open end … New Collegiate Dictionary
closed-end — /klohzd end /, adj. of, pertaining to, or like a closed end investment company. [1935 40; Amer.] * * * … Universalium
Closed-end leasing — is a contract based system governed by law in the U.S. and Canada. It allows a person the use of property for a fixed term, and the right to buy that property for the agreed residual value when the term expires. Closed end leases are so called… … Wikipedia
closed-end investment company — also closed ended investment company ➔ company * * * closed end investment company UK US noun [C] ► FINANCE an investment company that raises money by selling a fixed amount of shares which it does not buy back from investors: »DMC manages… … Financial and business terms
closed-end funds — Also known as closed ended funds. Investment funds which have a limited number of shares. When the company is established, the amount of capital to be invested is fixed. Units or shares in closed end funds may be resold to other investors but… … Law dictionary
closed-end loan — A loan that must be paid off within a certain period of time. Compare: open ended loan Category: Bankruptcy, Foreclosure & Debt Nolo’s Plain English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009 … Law dictionary
