: having a fixed capitalization of shares that are traded on the market at prices determined by the operation of the law of supply and demand
a closed-end investment company
compare open-end

Examples of closed-end in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
The Saba founder has sharpened his focus on closed-end funds and investment trusts on both sides of the Atlantic in recent years, identifying investment opportunities arising from persistent valuation discounts. Hugh Leask, CNBC, 18 Dec. 2025 Pershing Square to go public Bill Ackman is preparing to take his hedge fund management company Pershing Square public along with a new closed-end investment fund, Pershing Square USA. Diane Brady, Fortune, 24 Nov. 2025 BlackRock itself has been buying back shares when the discount widens, a confident signal from management—and rare shareholder friendly move from a closed-end fund (CEF)! Brett Owens, Forbes.com, 18 Sep. 2025 See All Example Sentences for closed-end

Word History

First Known Use

circa 1938, in the meaning defined above

Time Traveler
The first known use of closed-end was circa 1938

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Cite this Entry

“Closed-end.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/closed-end. Accessed 31 Dec. 2025.

Legal Definition

closed-end

adjective
: having a fixed capitalization of shares that are traded on the market at prices determined by supply and demand
a closed-end investment company
compare open-end
Last Updated: - Updated example sentences
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