closed-end

adjective \ ˈklōzd-ˈend \

Definition of closed-end

: 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

First Known Use of closed-end

circa 1938

in the meaning defined above

See Words from the same year
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Law Dictionary

closed-end

adjective

legal Definition of closed-end

: 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

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