Open-end Definition

Of or pertaining to an investment company that has no fixed limit to the number of shares issued, so that the shares are issued and redeemed as demand requires.
Webster's New World
Having no definite limit of duration or amount.
An open-end contract.
American Heritage
Continually issuing new shares or buying back existing shares from shareholders.
An open-end mutual fund.
American Heritage
Allowing the borrowing of additional funds over a period of time on the original security.
Webster's New World
Webster's New World

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