: 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

Word History

First Known Use

1917, in the meaning defined above

Time Traveler
The first known use of open-end was in 1917

Dictionary Entries Near open-end

Cite this Entry

“Open-end.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/open-end. Accessed 5 Dec. 2022.

Legal Definition

open-end

adjective

: 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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