: 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.
This month, Robinhood launched the next iteration of this vision: Robinhood Ventures, a closed-end fund that promises to open access to private companies to Joe Schmo—and with them, the kinds of returns previously accessible only to venture capitalists. Julia Black, Vanity Fair, 17 Mar. 2026 Pershing Square Capital Management on Tuesday filed to be listed on the New York Stock Exchange, marking Ackman’s second attempt to take the company public after an ambitious play to raise $25 billion for the largest closed-end fund IPO in history failed in 2024. Marco Quiroz-Gutierrez, Fortune, 11 Mar. 2026 After a plan to raise up to $25 billion to list its closed-end fund fell apart in 2024, Pershing Square pivoted to boosting its stake in Howard Hughes Holdings as a platform for acquiring majority stakes in other companies. Yun Li, CNBC, 10 Mar. 2026 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 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 26 Mar. 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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