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单词 closed-end
释义

closed-end

adjective
1Having a predetermined and fixed extent: a closed-end contract...
  • There are two types of car leases: closed-end and open-end.
1.1North American Denoting an investment trust or company that issues a fixed number of shares.One innovation that might be equal to this task is a closed-end investment fund for emerging market securities....
  • Unlike mutual funds, which make new shares available when investors want to buy and redeem when they sell, closed-end funds issue a fixed number of shares that trade on a stock exchange.
  • Because investment trusts are closed-end funds, they don't have to buy and sell shares when new investors join and old ones leave.
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更新时间:2024/11/10 12:11:23