- open-end investment trust
- An investment trust the capital structure of which is open to change during the life of the trust by the issuance of new shares and the retirement of existing shares.
Ballentine's law dictionary. Anderson, W.S.. 1998.
open-end investment trust
Look at other dictionaries:
Open end investment trust — These are trusts whose funds fluctuate as they sell and redeem shares in the trust. Also known as mutual funds. See also Tanigata töshi shintaku … International financial encyclopaedia
open-end investment trust — Type of trust in which the trustees are permitted to make on going investments for its portfolio … Black's law dictionary
open-end investment company — noun a regulated investment company with a pool of assets that regularly sells and redeems its shares • Syn: ↑mutual fund, ↑mutual fund company, ↑open end fund • Hypernyms: ↑investment company, ↑investment trust, ↑investment firm, ↑ … Useful english dictionary
investment trust — noun a financial institution that sells shares to individuals and invests in securities issued by other companies • Syn: ↑investment company, ↑investment firm, ↑fund • Derivationally related forms: ↑fund (for: ↑fund) … Useful english dictionary
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 fund — noun a regulated investment company with a pool of assets that regularly sells and redeems its shares • Syn: ↑mutual fund, ↑mutual fund company, ↑open end investment company • Hypernyms: ↑investment company, ↑investment trust, ↑investment firm, ↑ … Useful english dictionary
Investment trust — Investment trusts are companies that invest in the shares of other companies for the purpose of acting as a collective investment.cite web title = Investment Trusts work = Your Money publisher = The Motley Fool date= 13 March 2006 url =… … Wikipedia
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… … Financial and business terms
Open-ended investment company — An Open ended investment company (abbreviated to OEIC, pronounced oik ) or Investment Company with Variable Capital (or ICVC) is a type of open ended collective investment formed as a corporation under the Open Ended Investment Company… … Wikipedia
Open-end fund — An open end(ed) fund is a collective investment scheme which can issue and redeem shares at any time. An investor will generally purchase shares in the fund directly from the fund itself rather than from the existing shareholders. It contrasts… … Wikipedia
