- open-ended investment company
- = OEICAn investment trust that operates an open-end trust The size of its fund depends on the number of units sold.
Big dictionary of business and management. 2014.
open-ended investment company
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Open-Ended Investment Company — ( OEIC) An investment company fund set to replace unit trusts. The main differences are that they quote a single price rather than a bid/offer spread and have a company structure like investment trusts. Financial Services Glossary * * * open… … Financial and business terms
open ended investment company — (OEIC) An investment fund of variable size in corporate form. It is a collective investment scheme that acquires investments such as stocks and shares, gilts, bonds and cash with the aim of spreading investment risk and giving its investors (who… … Law dictionary
open-ended investment company — (OEIC) An investment fund of variable size in corporate form. It is a collective investment scheme that acquires investments such as stocks and shares, gilts, bonds and cash with the aim of spreading investment risk and giving its investors (who… … Law dictionary
Open-ended investment company — An Open ended investment company (abbreviated to OEIC, pronounced oik ) or Investment Company with Variable Capital (or ICVC) is a type of open ended collective investment formed as a corporation under the Open Ended Investment Company… … Wikipedia
Open Ended Investment Company - OEIC — A type of company or fund in the UK that is structured to invest in other companies with the ability to adjust constantly its investment criteria and fund size. The company s shares are listed on the London Stock Exchange, and the price of the… … Investment dictionary
open-end investment company — ( OEIC / SICAV) Euroclear Clearing and Settlement glossary An Undertaking for Collective Investment in Transferable Securities ( UCITS). It has as a principal objective to manage a portfolio of securities for the account of its shareholders. Each … Financial and business terms
Open-ended investment company — /ˌəυpən ˌendɪd ɪn vestmənt ˌkʌmp(ə)ni/ noun a new form of unit trust, in which the investor purchases shares at a single price, as opposed to the offer/bid pricing system used by ordinary unit trusts. Abbreviation Oeic … Dictionary of banking and finance
open-ended investment companies — ( OEICs) A form of collective investment scheme which is designed to incorporate favourable aspects of both investment trusts and unit trusts. It is legally speaking a company which issues shares, like an investment trust. However, whereas an… … Financial and business terms
investment company — see company Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. investment company … Law dictionary
closed-end investment company — also closed ended investment company ➔ company * * * closed end investment company UK US noun [C] ► FINANCE an investment company that raises money by selling a fixed amount of shares which it does not buy back from investors: »DMC manages… … Financial and business terms
