(closed end)
91closed mortgage — noun : a mortgage under which no or virtually no additional bonds can be sold under the indenture contrasted with open end mortgage …
92Open-end fund — An open end(ed) fund is a collective investment scheme which can issue and redeem shares at any time. An investor will generally purchase shares in the fund directly from the fund itself rather than from the existing shareholders. It contrasts… …
93open-end — ˈopen end adjective [only before a noun] an open end fund or trust does not have a fixed number of shares: • an open end mutual fund * * * open end UK US adjective ► (also open ended) FINANCE used to describe an investment fund in which shares… …
94Open-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 …
95open-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… …
96open–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… …
97dead end — closed end of a passage, 1886, from DEAD (Cf. dead) + END (Cf. end). Figurative use is attested from 1922. As an adj., from 1928; as a verb, from 1921. Related: Deadender (by 1996) …
98open-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 …
99open-end fund — Used in the context of general equities. mutual fund that continually creates new shares on demand. mutual fund shareholders buy the funds at net asset value and may redeem ( redemption) them at any time at the prevailing market prices.… …
100dead end — the closed end of a road or an impasse The negotiations between the team and the owners have come to a dead end …
