: 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.
Investors should keep in mind that many closed-end funds have fees that can exceed 1%, which can hurt long-term returns. Michelle Fox, CNBC, 2 Sep. 2025 Lucky for us, there is a small-cap focused closed-end fund (CEF) paying a lot more. Michael Foster, Forbes.com, 2 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 12 Sep. 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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