Open-end Company

Legal Definition and Related Resources of Open-end Company

Meaning of Open-end Company

The technical name for what is commonly called a mutual fund; a company incorporated under the Investment Company Act of 1940 (15 U.S.C. §80a). A management company which is offering for sale or has outstanding any redeemable security of which it is the issuer; one that continuously offers its securities for sale as opposed to a closed end company which raises capital by a single offering of its stock to the public . An open-end company redeems its own shares, thereby allowing an investor to sell back the shares to the company.

Related Entries of Open-end Company in the Encyclopedia of Law Project

Browse or run a search for Open-end Company 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.

Open-end Company in Historical Law

You might be interested in the historical meaning of this term. Browse or search for Open-end Company in Historical Law in the Encyclopedia of Law.

Legal Abbreviations and Acronyms

Search for legal acronyms and/or abbreviations containing Open-end Company in the Legal Abbreviations and Acronyms Dictionary.

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