| 释义 |
closed-end investment company
Thesaurus| Noun | 1. | closed-end investment company - a regulated investment company that issues a fixed number of shares which are listed on a stock marketclosed-end fundinvestment company, investment firm, investment trust, fund - a financial institution that sells shares to individuals and invests in securities issued by other companies |
closed-end investment company
closed-end investment company: see mutual fundmutual fund,
in finance, investment company or trust that has a very fluid capital stock. It is unique in that at any time it can sell or redeem any of its outstanding shares at net asset value (i.e.
..... Click the link for more information. .LegalSeeMutual Fundclosed-end investment company
Closed-End FundA mutual fund that issues a fixed number of shares at its establishment, and, afterwards, neither increases nor decreases the number of shares. Like other mutual funds, a closed-end fund is actively managed, meaning that the securities underlying the fund change from time to time in accordance with the fund's investment goals. A shareholder in a closed-end fund redeems shares with the issuer as with open-end funds, but may trade shares as if they were stocks. The value of shares in a closed-end fund is determined by supply, demand, and the fund's net asset value. See also: Exchange-traded fund.closed-end investment company An investment company that issues a limited number of shares and does not redeem those that are outstanding. Closed-end investment companies are fairly rare; their shares trade on the exchanges or in the over-the-counter market. Thus, like stock of other publicly traded companies, share prices are determined by the pressures of supply and demand rather than by the value of underlying assets. Also called publicly traded fund. Compare mutual fund. See also regulated investment company.closed-end investment company
Related to closed-end investment company: Closed End Mutual FundsSynonyms for closed-end investment companynoun a regulated investment company that issues a fixed number of shares which are listed on a stock marketSynonymsRelated Words- investment company
- investment firm
- investment trust
- fund
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