open end Hear it!

open end definition - legal

adj

  1. Having room for future modifications or additions.
  2. Issuing or redeeming stocks or other shares on demand on a continuous, ongoing basis, at whatever their current net values happen to be.

Webster's New World Law Dictionary Copyright © 2006 by Wiley Publishing, Inc., Hoboken, New Jersey.
Used by arrangement with John Wiley & Sons, Inc.

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