closed-end company
31investment 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) …
32Investment company — An investment company is a company whose main business is holding securities of other companies purely for investment purposes. The investment company invests money on behalf of its shareholders who in turn share in the profits and losses. In… …
33Fund Company — A commonly used term to describe an investment company, which is a corporation or trust engaged in the business of investing the pooled capital of investors in financial securities. This is most often done either through a closed end fund or an… …
34Open-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 …
35Investment Company Institute — The Investment Company Institute (ICI) is the national association of U.S. investment companies. ICI encourages adherence to high ethical standards, promotes public understanding of funds and investing, and advances the interests of investment… …
36open-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… …
37Open-ended investment company — An Open ended investment company (abbreviated to OEIC, pronounced oik ) or Investment Company with Variable Capital (or ICVC) is a type of open ended collective investment formed as a corporation under the Open Ended Investment Company… …
38Investment Company Institute - ICI — Founded in 1940, the Investment Company Institute, based in Washington, D.C., is the national trade association of U.S. investment companies, which includes mutual funds, closed end funds, exchange traded funds and unit investment trusts. The ICI …
39Adams Express Company — The Adams Express Company is an American investment trust that traces its roots to a 19th century freight and cargo transport company.In 1839, Alvin Adams, a produce merchant ruined by the Panic of 1837, began carrying letters, small packages and …
40Investment Company — A corporation or trust engaged in the business of investing the pooled capital of investors in financial securities. This is most often done either through a closed end fund or an open end fund (also referred to as a mutual fund). In the U.S.,… …
