| 单词 | closed-end |
| 释义 | > as lemmasclosed-end closed-end adj. originally U.S. of an investment trust or the like: see quot. 1954. ΘΚΠ society > trade and finance > stocks and shares > stocks, shares, or bonds > [adjective] > types of investment trust open-end1931 closed-end1952 no-load1959 tokkin1985 1952 Time 12 May 41 The Fund began as a ‘closed-end’ trust (i.e., issuing a limited number of shares). 1954 Webster's New Internat. Dict. Eng. Lang. Add. Closed-end adj., of an investment trust, operating with its initial capital changed only by new issues or retirements, not by redemption of shares; opp. to open-end. 1958 Spectator 20 June 815/3 The three leading ‘closed-end’ investment trusts. < as lemmas |
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