closed-end investment company
- A mutual fund which issues a limited and fixed number of shares and does not redeem the shares. Once issued, the closed-end shares trade like common stock with share values varying with the value of the price of the stocks held in the fund.
American business jargon. 2014.
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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 investment company — losed end fund or closed end investment company Fin a mutual fund that has a fixed number of shares. See also open end fund … The ultimate business dictionary
closed-end investment company — noun a regulated investment company that issues a fixed number of shares which are listed on a stock market • Syn: ↑closed end fund • Hypernyms: ↑investment company, ↑investment trust, ↑investment firm, ↑fund * * * an investment company that… … Useful english dictionary
closed-end investment company — an investment company that issues its shares in large blocks at infrequent intervals and is not obligated to redeem or repurchase them. Cf. open end investment company. * * * … Universalium
Closed-End Management Company — An investment management company that sells a limited number of shares to investors on an exchange by way of an initial public offering. For investors to sell the shares they purchased from the closed end management company, there must be buyers… … Investment dictionary
closed-end management company — An investment company that issues a fixed number of shares of the mutual fund that it manages, and does not create new shares if demand increases. Antithesis of an open end management company. Bloomberg Financial Dictionary … Financial and business terms
open-end investment company — Fin a mutual fund, as distinguished from an investment trust, or closed end fund. U.K. term open ended investment company. [m1]See also open end fund … The ultimate business dictionary
Closed-End Fund — A closed end fund is a publicly traded investment company that raises a fixed amount of capital through an initial public offering (IPO). The fund is then structured, listed and traded like a stock on a stock exchange. Also known as a closed end… … Investment dictionary
closed–end — adj: having a fixed capitalization of shares that are traded on the market at prices determined by supply and demand a closed–end investment company compare open end Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
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