English version

open-end investment company

From Longman Business Dictionaryopen-end investment companyˌopen-end inˈvestment ˌcompany (also open-ended investment company British English)FINANCE an investment company where new shares are created for new investors and which buys back shares from investors who want to sella proposal to convert the fund from a closed-end to an open-end investment company company
Pictures of the day
What are these?
Click on the pictures to check.