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Closed outPosition that is liquidated when the client does not meet a margin call or cover a short sale.Closed out Similar MatchesClosed end fundClosed end fundA collective fund which has a fixed number of issued shares traded on a stock exchange. Because the supply of shares is limited, they will rise and fall in value according to supply and demand just like ordinary company shares. In the UK, this is equivalent to an investment trust.In contrast, open end funds are allowed to accommodate demand by issuing new shares, so the value of their units does not rise and fall in response to demand, but is more or less equal to the value of the fund's underlying assets. In the UK, this is equivalent to a unit trust. Closed end management companyClosed end management companyAn investment company that has only a set number of shares of the mutual fund that it manages, and does not create new shares if demand increases. Antithesis of an open-end management company. Closed end management companyClosed end management companyAn investment company that has only a set number of shares of the mutual fund that it manages, and does not create new shares if demand increases. Antithesis of an open-end management company. Closed fundClosed fundA mutual fund that is no longer issuing shares, mainly because it has grown too large. Closed corporationClosed corporationA corporation whose shares are owned by just a few people, having no public market. Further SuggestionsClosed end fundclosed period Closed end mortgage Closed economy Undisclosed Principal |
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