OEIC

OEIC
See open-end investment company Euroclear Clearing and Settlement glossary
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Open-Ended Investment Company (OEIC)
An investment company fund set to replace unit trusts. The main differences are that they quote a single price rather than a bid/offer spread and have a company structure like investment trusts. Financial Services Glossary

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OEIC OEIC
FINANCE abbreviation for open-ended

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OEIC UK US noun [C] UK FINANCE
► ABBREVIATION for open-ended investment company: an investment fund in which you can buy shares. The OEIC then invests the money in other companies: »

With an OEIC there is only one price for both buyers and sellers, unlike unit trusts where there are two separate prices.

→ See also ICVC(Cf. ↑ICVC)

Financial and business terms. 2012.

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Look at other dictionaries:

  • OEIC — See open ended investment company. Related links FSMA overview Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 …   Law dictionary

  • OEIC — UK [ɔɪk] / US noun [countable] Word forms OEIC : singular OEIC plural OEICs business Open Ended Investment Company: a company that invests its money in other companies and has no limit on the numbers of its own shares that it can make available… …   English dictionary

  • OEIC — Open Ended Investment Company (Business » Firms) *** OptoElectronic Integrated Circuit (Academic & Science » Electronics) ** Open Ended Investment Companies (Business » International Business) * Oriental Electric Industry Company, Limited… …   Abbreviations dictionary

  • OEIC — Opto Electronic Integrated Circuit …   Acronyms

  • OEIC — Opto Electronic Integrated Circuit …   Acronyms von A bis Z

  • OEIC — Opto Electronic Integrated Circuit Contributor: CASI …   NASA Acronyms

  • OEIC — abbr. open ended investment company …   Dictionary of abbreviations

  • OEIC — See open end investment company …   Euroclear glossary

  • OEIC — Abbreviation for open ended investment company …   Big dictionary of business and management

  • Oeic — abbreviation open ended investment company …   Dictionary of banking and finance

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