Advertising

Closed end fund

• See Investment Trust.

• An investment company that sells shares like any other corporation and usually does not redeem its shares. A publicly traded fund sold on stock exchanges or over the counter that may trade above or below its net asset value. Related: Open-end fund.

 
 

Follow this link for all the terms related to fund.

 
 Embedded terms in definition
 Asset
Corporation
Investment company
Investment trust
Its
Net asset value
Net
Publicly traded
Shares
Stock exchange
Stock
Trade
 
 Related Terms
 

<< Close, the Closed end investment company >>

Tips for Trying to Fix a Clogged or "Frozen" Home Equity Line: For years, homeowners have turned to home equity lines of credit (HELOCs) as a way to borrow against their home's value to pay for college tuition, home improvements, medical bills and other major expenses. (A home's equity is the market value minus what is owed on the mortgage. If you owe $100,000 on your mortgage but your home is worth $250,000, your equity is $150,000.) More...

Instruction does much, but encouragement does everything. Johann Wolfgang Von Goethe

Advertising



Copyright 2009-2018 GVC. All rights reserved.