Business and Personal Finance Dictionary

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• CLOSED END FUND - A mutual fund of a fixed-dollar amount of issues traded on one of the exchanges not a...
  
  
• CLOSED END INVESTMENT COMPANY OR FUND - Is an investment vehicle that issues shares in a fashion simila...
  
  
• CLOSED FUND - A mutual fund that is no longer issuing shares, mainly because it has grown too large.
  
  
• CLOSED MORTGAGE - A mortgage whose terms state that it cannot be paid out, even with a penalty, unless ...
  
  
• CLOSED OUT - Position that is liquidated when the client does not meet a margin call or cover a short s...
  
  
• CLOSED PANEL - Also known as a gatekeeper model or closed access. A plan that stipulates the insured wi...
  
  
• 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...