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Closed period |
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Closed periodThe two months before a company announces its results in which directors are prohibited from dealing in its shares.Similar MatchesClosed fundClosed fundA mutual fund that is no longer issuing shares, mainly because it has grown too large. Closed outClosed outPosition that is liquidated when the client does not meet a margin call or cover a short sale. 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 fundClosed end fundAn 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. Undisclosed PrincipalUndisclosed PrincipalA principal whose identity is not revealed by an agent. Further SuggestionsClosed end mortgageClosed economy Closed end management company Closed corporation closed end fund |
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