open-end

4 ENTRIES FOUND:

open–end

adjective

Definition of OPEN-END

:  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 are issued or redeemed at the current net asset value or at a figure in fixed ratio to this <an open–end investment company> — compare closed-end

First Known Use of OPEN-END

1917

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