: 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

Word History

First Known Use

circa 1938, in the meaning defined above

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

Dictionary Entries Near closed-end

Cite this Entry

“Closed-end.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/closed-end. Accessed 26 Nov. 2022.

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
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