| NOUN | group | closed-end fund, closed-end investment company | a regulated investment company that issues a fixed number of shares which are listed on a stock market |
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| Meaning | A regulated investment company that issues a fixed number of shares which are listed on a stock market. | |
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| Synonym | closed-end investment company | |
| Broader | investment company, investment trust, investment firm, fund | A financial institution that sells shares to individuals and invests in securities issued by other companies |
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