closed-end investment trust

closed-end investment trust
Trust wherein only original prescribed shares can be distributed

Black's law dictionary. . 1990.

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  • closed-end investment trust — Trust wherein only original prescribed shares can be distributed …   Black's law dictionary

  • Closed end investment trust —   These are funds which allow only the originally issued shares to be distributed. See also Tanigata töshi shintaku …   International financial encyclopaedia

  • 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

  • Investment trust — Investment trusts are companies that invest in the shares of other companies for the purpose of acting as a collective investment.cite web title = Investment Trusts work = Your Money publisher = The Motley Fool date= 13 March 2006 url =… …   Wikipedia

  • closed-end — ˈklōzd+ adjective 1. : having a fixed capitalization of shares that are traded on the open market instead of being redeemed daily by the company at the demand of the holders a closed end investment company opposed to open end 2. : issued to the… …   Useful english dictionary

  • investment trust — noun a financial institution that sells shares to individuals and invests in securities issued by other companies • Syn: ↑investment company, ↑investment firm, ↑fund • Derivationally related forms: ↑fund (for: ↑fund) …   Useful english dictionary

  • closed-end fund — noun a regulated investment company that issues a fixed number of shares which are listed on a stock market • Syn: ↑closed end investment company • Hypernyms: ↑investment company, ↑investment trust, ↑investment firm, ↑fund …   Useful english dictionary

  • closed-end — ˈclosed end adjective [only before a noun] FINANCE a closed end fund or trust invests in a fixed number of shares, bonds etc: • a closed end mutual fund * * * closed end UK US adjective [before noun] ► FINANCE used to describe an investment fund… …   Financial and business terms

  • Closed-end fund — A closed end fund (or closed ended fund) is a collective investment scheme with a limited number of shares. It is called a closed end fund (CEF) because new shares are rarely issued once the fund has launched, and because shares are not normally… …   Wikipedia

  • investment trust — A closed end fund regulated by the Investment Company Act of 1940. These funds have a fixed number of shares that are traded on the secondary markets , like corporate stock. The market price may exceed the net asset value per share, in which case …   Financial and business terms

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