an investment company that issues shares continuously and is obligated to repurchase them from shareholders on demand.
Also called open-end investment company . Cf. closed-end investment company .
[ 1790-1800 ]
an investment company that issues shares continuously and is obligated to repurchase them from shareholders on demand.
Also called open-end investment company . Cf. closed-end investment company .
[ 1790-1800 ]
Random House Webster's Unabridged English dictionary. Полный английский словарь Вебстер - Random House . 2012