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Definition of Closed-end fund
1. Noun. A regulated investment company that issues a fixed number of shares which are listed on a stock market.
Generic synonyms: Fund, Investment Company, Investment Firm, Investment Trust
Definition of Closed-end fund
1. Noun. (finance) A collective investment scheme with a limited number of shares. ¹
¹ Source: wiktionary.com
Lexicographical Neighbors of Closed-end Fund
Literary usage of Closed-end fund
Below you will find example usage of this term as found in modern and/or classical literature:
1. Institutional Investors in the New Financial Landscape by H. J. Blommestein, Norbert Funke (1998)
"The closed-end fund is usually used for financing high-risk projects by a ...
Supply and demand determine the price of a share in a closed-end fund, ..."
2. Financial Markets for the Rest of Us: An Easy Guide to Money, Bonds, Futures by Robert Vahid Hashemian (2001)
"While a closed-end fund's share value is determined by its trading ... After all,
a closed-end fund has a portfolio just like an open-end fund which can be ..."
3. Bank Profitability: Methodological Country Notes by Oecd, Organization for Economic Cooperation An (2003)
"... closed-end fund; - Mixed fund. Trust funds established prior to the Act are
to be transformed into open-end investment funds within a period of 3 years. ..."
4. Globalisation and Small and Medium Enterprises (SMEs). by Chris Hall, Marie-Florence Estimé, Anna Creti (1997)
"Hence, in luly 1993. closed-end fund investment companies were established; ...
The aim of the closed-end fund is therefore to realise a profit on selling ..."
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