Financial Definition of Closed-End Fund
Meaning of 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 fund.
International Trade Meaning and Definition of Closed-End Fund
A mutual fund in which the amount of funds under management is fixed and ownership in the funds is bought and sold in the market like a depository receipt.
Related Entries of Closed-End Fund in the Encyclopedia of Law Project
Browse or run a search for Closed-End Fund in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.
Closed-End Fund in Historical Law
You might be interested in the historical meaning of this term. Browse or search for Closed-End Fund in Historical Law in the Encyclopedia of Law.
Legal Abbreviations and Acronyms
Search for legal acronyms and/or abbreviations containing Closed-End Fund in the Legal Abbreviations and Acronyms Dictionary.
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Closed-End Fund in the Dictionary | Closed-End Fund in our legal dictionaries |
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Related topics | Closed-End Fund in the World Encyclopedia of Law |
What is Closed-End Fund?
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Concept of “Codex”
Traditional meaning of codex in English (with some legal use of this latin concept in England and the United States in the XIX Century) [1]: (in Latin) A code; a volume, roll, or book.
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Notes and References
- Based on A Concise Law Dictionary of Words, Phrases and Maxims, “Codex”, Boston: Little, Brown, and Company, 1911, United States. It is also called the Stimson’s Law dictionary. This term and/or definition may be absolete.
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