open-end

adjective
\ ˈō-pən-ˈend \

Definition of open-end 

: organized to allow for contingencies: such 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, in the meaning defined above

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The first known use of open-end was in 1917

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More Definitions for open-end

open-end

adjective

Legal Definition of open-end 

: organized to allow for contingencies: as

a : permitting additional debt to be incurred under the original debt instrument subject to specified conditions — see also open-end mortgage at mortgage

b : having 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

c : calling for the filling by a particular contractor of all government needs for a specific product during a specified period an open-end contract

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