Meaning CLOSED-END FUND: An investment company that sells shareslike any other corporation and usually does not redeem its shares. A publicly traded fund sold on stock exchanges or over the counter that may trade above or below its net asset value. Related: Open-end fund
More terms such as Closed-end fund in Dictionary C.
- Definition Coupon Bond:
- Examples A bond featuring coupons that must be presented to the issuer in order to receive interest payments closed-end fund definition.
- Definition Currency:
- Examples Money closed-end fund explain.
- Definition Collection Float:
- Examples The period between the time is deposited a check in an account and the time funds are made available closed-end fund what is.
- Definition Cartel:
- Examples businesses or nations that act together as a single producer to obtain market control and to influence prices in their favor by limiting production of a product. The United States has laws closed-end fund meaning.
- Definition Competitive Offering:
- Examples An offering of securities through competitive bidding closed-end fund abbreviation.
