open-end company
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open-endinvestment company — open end investment company n. A mutual fund. * * * … Universalium
open–end — adj: organized to allow for contingencies: as a: permitting additional debt to be incurred under the original debt instrument subject to specified conditions see also open end mortgage at mortgage b: having fluctuating capitalization of shares… … Law dictionary
open-end — [ō′pən end′] adj. 1. of or pertaining to an investment company that has no fixed limit to the number of shares issued, so that the shares are issued and redeemed as demand requires 2. allowing the borrowing of additional funds over a period of… … English World dictionary
open-end — | ̷ ̷ ̷ ̷| ̷ ̷ adjective : organized, formulated, or constituted to contain possibilities for various contingencies whether unspecified, merely inferable, or definitely stated: as a. : permitting additional debt to be incurred under the original… … Useful english dictionary
open-end investment company — ( OEIC / SICAV) Euroclear Clearing and Settlement glossary An Undertaking for Collective Investment in Transferable Securities ( UCITS). It has as a principal objective to manage a portfolio of securities for the account of its shareholders. Each … Financial and business terms
Open-End Management Company — A company that distributes and redeems securities it issues. The most common open end management companies are mutual fund companies which sell and redeem shares at the net asset value per share. This is just a fancy legal name for a mutual fund … Investment dictionary
open-end fund — noun a regulated investment company with a pool of assets that regularly sells and redeems its shares • Syn: ↑mutual fund, ↑mutual fund company, ↑open end investment company • Hypernyms: ↑investment company, ↑investment trust, ↑investment firm, ↑ … Useful english dictionary
open-end investment company — noun a regulated investment company with a pool of assets that regularly sells and redeems its shares • Syn: ↑mutual fund, ↑mutual fund company, ↑open end fund • Hypernyms: ↑investment company, ↑investment trust, ↑investment firm, ↑ … Useful english dictionary
open-end — adjective Date: 1917 organized to allow for contingencies: as a. permitting additional debt to be incurred under the original indenture subject to specified conditions < an open end mortgage > b. having a fluctuating capitalization of shares that … New Collegiate Dictionary
open-end — /oh peuhn end /, adj. 1. of, pertaining to, or like an open end investment company. 2. open ended (def. 2). [1905 10] * * * … Universalium
Open-end fund — Also called a mutual fund, an investment company that stands ready to sell new shares to the public and to redeem its outstanding shares on demand at a price equal to an appropriate share of the value of its portfolio, which is computed daily at… … Financial and business terms