closed-end
- Refers to a type of investment that has a specified maximum number of shares, and these are traded at prices governed by market forces of supply and demand
- The closed-end investment company had a limited number of shares which influenced their market price.
- The mutual fund, being a closed-end structure, had its share prices driven by supply and demand.
- He chose to invest in a closed-end fund due to its set number of shares.
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