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word of the day
open-end fund
open-end fund - Dictionary definition and meaning for word
open-end fund
Definition
(noun) a regulated investment company with a pool of assets that regularly sells and redeems its shares
Synonyms
:
mutual fund
,
mutual fund company
,
open-end investment company
Word used in video below:
text: fund
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5 Great English Vocabulary Books we Recommend!
Oxford Picture Dictionary
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English Vocabulary in Use Advanced with CD-ROM: Vocabulary Reference and Practice 2nd Edition
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