Open-end investment company



noun
1.
.
noun
1.
an investment company that issues shares continuously and is obligated to repurchase them from shareholders on demand.
noun
1.
(US & Canadian) an investment trust that issues units for public sale, the holders of which are creditors and not shareholders with their interests represented by a trust company independent of the issuing agency British equivalent unit trust

A company organized for the purpose of making investments. A mutual fund gets its capital stock from private individual investors, who, in effect, allow the mutual fund to decide where to invest their money.

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    [oh-puh-ner] /ˈoʊ pə nər/ noun 1. a person or thing that . 2. a device for sealed containers: can opener. 3. the first of several theatrical numbers, variety acts, sports events, etc.: a humorous monologue as an opener. 4. openers, Poker. cards in a hand, as a pair of jacks or better, that according to […]

  • Openers

    [oh-puh-ner] /ˈoʊ pə nər/ noun 1. a person or thing that . 2. a device for sealed containers: can opener. 3. the first of several theatrical numbers, variety acts, sports events, etc.: a humorous monologue as an opener. 4. openers, Poker. cards in a hand, as a pair of jacks or better, that according to […]



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