: having a fixed capitalization of shares that are traded on the market at prices determined by the operation of the law of supply and demand
a closed-end investment company
compare open-end

Examples of closed-end in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
There are plenty of reasons to buy closed-end funds (CEFs), but the one that most investors love most is pretty obvious. Michael Foster, Forbes.com, 27 Jan. 2026 Shareholders in a Baillie Gifford closed-end investment fund have rejected plans by activist investor Boaz Weinstein's hedge fund Saba Capital to oust the board. Hugh Leask, CNBC, 21 Jan. 2026 Pershing Square to go public Bill Ackman is preparing to take his hedge fund management company Pershing Square public along with a new closed-end investment fund, Pershing Square USA. Diane Brady, Fortune, 24 Nov. 2025 See All Example Sentences for closed-end

Word History

First Known Use

circa 1938, in the meaning defined above

Time Traveler
The first known use of closed-end was circa 1938

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Cite this Entry

“Closed-end.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/closed-end. Accessed 6 Feb. 2026.

Legal Definition

closed-end

adjective
: having a fixed capitalization of shares that are traded on the market at prices determined by supply and demand
a closed-end investment company
compare open-end
Last Updated: - Updated example sentences
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