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closed funds

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  • closed-end funds — Also known as closed ended funds. Investment funds which have a limited number of shares. When the company is established, the amount of capital to be invested is fixed. Units or shares in closed end funds may be resold to other investors but… …   Law dictionary

  • Closed adoption — (also called confidential adoption and sometimes secret adoption) is the process by where an infant is adopted by another family, and the record of the biological parent(s) is kept sealed. (Often, the biological father is not recorded even on the …   Wikipedia

  • closed-ended funds — See closed end funds. Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 …   Law 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 funds — Funds in which the capital is fixed, such as those held by investment companies, rather than open ended, such as unit trusts …   Accounting dictionary

  • 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

  • closed-end fund — An investment company that issues shares like any other corporation and usually does not redeem ( redemption) its shares. A publicly traded fund sold on stock exchanges or over the counter that may trade above or below its net asset value.… …   Financial and business terms

  • Closed To New Investors — Mutual funds and hedge funds that do not accept investments from those who are not already existing investors in such funds. While these funds are closed to new investors, in most cases they may allow existing investors to add to their holdings.… …   Investment dictionary

  • Closed-End Management Company — An investment management company that sells a limited number of shares to investors on an exchange by way of an initial public offering. For investors to sell the shares they purchased from the closed end management company, there must be buyers… …   Investment dictionary

  • closed shop — a factory, office, or other business establishment in which union membership is a condition of being hired as well as of continued employment. Cf. open shop. [1900 05, Amer.] * * * Arrangement whereby a company employs only workers who are… …   Universalium

  • Closed-end fund — An investment company that sells shares like any other corporation and usually does not redeem its shares. A publicly traded fund sold on stock exchanges or over the counter that may trade above or below its net asset value. Related: Open end… …   Financial and business terms

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