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closed-end fund

/kloʊzd ɛnd fʌnd/ /kləʊzd ɛnd fʌnd/
noun
GeneralFinance
  1. 1 kapalı uçlu fon, sabit sermayeli fon countable

Definition (English)

An investment fund that issues a fixed number of shares and does not buy them back on demand.

Example Sentences

  1. The closed-end fund has a 10-year lifespan.
    Kapalı uçlu fonun 10 yıllık bir ömrü vardır.
  2. Investors cannot redeem shares in a closed-end fund.
    Yatırımcılar kapalı uçlu bir fondaki paylarını fona geri satamaz.

Phrases 24

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