Business and Personal Finance Dictionary

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 

• CLOSED PERIOD - the period of time during the term of a mortgage loan when the loan cannot be prepaid.
  
  
• CLOSED TO NEW INVESTORS - An indication of whether or not a mutual fund has eligible shares for issue t...
  
  
• CLOSED TRADES - Positions that have been either liquidated or offset.
  
  
• CLOSED-ACCOUNT FEE - A fee charged for shutting down an account. Sometimes charged if the account is cl...
  
  
• CLOSED-END CREDIT - Credit extensions in which the borrower receives the entire proceeds of the loan at...
  
  
• CLOSED-END FUND - A closed-end fund sells a fixed number of shares to investors. Those shares sell on a...
  
  
• CLOSED-END FUNDS - A mutual fund that does not sell unlimited shares; one with a specific number of out...
  
  
• CLOSED-END LEASE - The most common type of car lease. The lessee may return the car at the end of the l...
  
  
• CLOSED-END MANAGEMENT COMPANY - An investment company that issues a fixed number of shares of the mutua...
  
  
• CLOSED-END MORTGAGE - a mortgage in which the amount of debt is fixed and cannot be increased during th...