open-end

open-end
open-end ˈopen-end adjective [only before a noun]
an open-end fund or trust does not have a fixed number of shares:

• an open-end mutual fund

* * *

open-end UK US adjective
(also open-ended) FINANCE used to describe an investment fund in which shares can be bought at any time because there are no limits to how many shares are available: »

This is an open-end fund that invests in publicly traded companies.

(also open-ended) FINANCE used to describe a loan in which extra amounts of money can be borrowed later with the same conditions as the original loan
US OPEN-ENDED(Cf. ↑open-ended): »

workers on open-end contracts

Compare CLOSED-END(Cf. ↑closed-end), OEIC(Cf. ↑OEIC)

Financial and business terms. 2012.

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Look at other dictionaries:

  • open–end — adj: organized to allow for contingencies: as a: permitting additional debt to be incurred under the original debt instrument subject to specified conditions see also open end mortgage at mortgage b: having fluctuating capitalization of shares… …   Law dictionary

  • open end — 〈[oʊpən ɛ̣nd]〉 ohne zeitliche Begrenzung, ohne zeitliches Limit (von Diskussionen, Veranstaltungen, Tagungen usw.) [engl., „offenes Ende“] * * * open end [ oʊpn̩ ɛnd ; engl., eigtl. = offenes Ende]: ohne ein vorher auf einen bestimmten Zeitpunkt… …   Universal-Lexikon

  • open-end — ● open end adjectif invariable (anglais open, ouvert, et end, extrémité) Se dit de la filature sur métier à filer à fibres libérées …   Encyclopédie Universelle

  • open-end — [ō′pən end′] adj. 1. of or pertaining to an investment company that has no fixed limit to the number of shares issued, so that the shares are issued and redeemed as demand requires 2. allowing the borrowing of additional funds over a period of… …   English World dictionary

  • Open End — Open Ẹnd , das; s, s (kurz für Open End Veranstaltung) …   Die deutsche Rechtschreibung

  • open end — adj. 1 Having room for future modifications or additions. 2 Issuing or redeeming stocks or other shares on demand on a continuous, ongoing basis, at whatever their current net values happen to be. Webster s New World Law Dictionary. Susan Ellis… …   Law dictionary

  • open end — [ oup(ə)n ɛnd] <engl. ; eigtl. »offenes Ende«> ohne ein vorher auf einen bestimmten Zeitpunkt festgesetztes Ende (von Veranstaltungen u. Ä.) …   Das große Fremdwörterbuch

  • open-end — | ̷ ̷ ̷ ̷| ̷ ̷ adjective : organized, formulated, or constituted to contain possibilities for various contingencies whether unspecified, merely inferable, or definitely stated: as a. : permitting additional debt to be incurred under the original… …   Useful english dictionary

  • open-end — adjective Date: 1917 organized to allow for contingencies: as a. permitting additional debt to be incurred under the original indenture subject to specified conditions < an open end mortgage > b. having a fluctuating capitalization of shares that …   New Collegiate Dictionary

  • open-end — /oh peuhn end /, adj. 1. of, pertaining to, or like an open end investment company. 2. open ended (def. 2). [1905 10] * * * …   Universalium

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