open-end


o·pen-end

(ō′pən-ĕnd′)adj.1. Having no definite limit of duration or amount: an open-end contract.2. Continually issuing new shares or buying back existing shares from shareholders: an open-end mutual fund.3. Permitting the borrowing of additional funds under existing terms: an open-end mortgage.

o′pen-end′



adj. 1. continuously issuing shares of stock or repurchasing them from shareholders. 2. open-ended. [1905–10]