- open-end investment company
- A mutual fund which will buy back its shares at net asset value and which is continuously offering to sell new shares to the public.See mutual fund
Black's law dictionary. HENRY CAMPBELL BLACK, M. A.. 1990.
open-end investment company
Look at other dictionaries:
open-end investment company — ( OEIC / SICAV) Euroclear Clearing and Settlement glossary An Undertaking for Collective Investment in Transferable Securities ( UCITS). It has as a principal objective to manage a portfolio of securities for the account of its shareholders. Each … Financial and business terms
open-end investment company — (OEIC / SICAV) An Undertaking for Collective Investment in Transferable Securities (UCITS). It has as a principal objective to manage a portfolio of securities for the account of its shareholders. Each one of its shareholders holds an interest in … Euroclear glossary
open-end investment company — noun a regulated investment company with a pool of assets that regularly sells and redeems its shares • Syn: ↑mutual fund, ↑mutual fund company, ↑open end fund • Hypernyms: ↑investment company, ↑investment trust, ↑investment firm, ↑ … Useful english dictionary
Open-ended investment company — An Open ended investment company (abbreviated to OEIC, pronounced oik ) or Investment Company with Variable Capital (or ICVC) is a type of open ended collective investment formed as a corporation under the Open Ended Investment Company… … Wikipedia
open-end investment company. — See mutual fund. * * * … Universalium
open-end investment company. — See mutual fund … Useful english dictionary
closed-end investment company — noun a regulated investment company that issues a fixed number of shares which are listed on a stock market • Syn: ↑closed end fund • Hypernyms: ↑investment company, ↑investment trust, ↑investment firm, ↑fund * * * an investment company that… … Useful english dictionary
closed-end investment company — an investment company that issues its shares in large blocks at infrequent intervals and is not obligated to redeem or repurchase them. Cf. open end investment company. * * * … Universalium
open-ended investment company — OEIC An investment trust that operates an open end trust The size of its fund depends on the number of units sold … Big dictionary of business and management
closed-end investment company — also closed ended investment company ➔ company * * * closed end investment company UK US noun [C] ► FINANCE an investment company that raises money by selling a fixed amount of shares which it does not buy back from investors: »DMC manages… … Financial and business terms
