- 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 — 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
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
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
investment company — noun a financial institution that sells shares to individuals and invests in securities issued by other companies • Syn: ↑investment trust, ↑investment firm, ↑fund • Derivationally related forms: ↑fund (for: ↑fund) … Useful english dictionary
closed-end fund — noun a regulated investment company that issues a fixed number of shares which are listed on a stock market • Syn: ↑closed end investment company • Hypernyms: ↑investment company, ↑investment trust, ↑investment firm, ↑fund … Useful english dictionary