- 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-end2. : issued to the full amount authorized or substantially the full amounta closed-end bond issue
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/klohzd"end"/, adj.of, pertaining to, or like a closed-end investment company.[1935-40; Amer.]* * *
closed-endˈ adjective1. Having fixed limits2. (of an investment trust) offering shares up to a limited number• • •Main Entry: ↑close* * *
closed-end «KLOHZD EHND», adjective.having to do with or designating a type of investment company whose shares of stock are fixed in number and are sold only on the stock exchange or other recognized market place.* * *
adj. having a predetermined and fixed extenta closed-end contract
■ denoting an investment trust or company that issues a fixed number of shares
Useful english dictionary. 2012.