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  2. Open-ended investment company - Wikipedia

    en.wikipedia.org/wiki/Open-ended_investment_company

    An open-ended investment company (abbreviated to OEIC, pron. /ɔɪk/) or investment company with variable capital (abbreviated to ICVC) is a type of open-ended collective investment formed as a corporation under the Open-Ended Investment Company Regulations 2001 in the United Kingdom. The terms "OEIC" and "ICVC" are used interchangeably with ...

  3. Open-end fund - Wikipedia

    en.wikipedia.org/wiki/Open-end_fund

    Open-end fund (or open-ended fund) is a collective investment scheme that can issue and redeem shares at any time. An investor will generally purchase shares in the fund directly from the fund itself, rather than from the existing shareholders.

  4. Net asset value - Wikipedia

    en.wikipedia.org/wiki/Net_asset_value

    Net asset value is commonly used in the context of open-end funds. Shares and interests in such funds are not traded between investors, but are issued by the fund to each new investor and redeemed by the fund when an investor withdraws.

  5. Closed-end leasing - Wikipedia

    en.wikipedia.org/wiki/Closed-end_leasing

    Open-ended(conventional) motor vehicle leases generally include a provision for determining the amount of "excess wear and tear" (or "wear and use") at the end of the lease term, for which the lessee is responsible upon returning the vehicle. [2] Closed-end leases have become very popular for automobile buyers in North America since the mid ...

  6. Employment contract - Wikipedia

    en.wikipedia.org/wiki/Employment_contract

    Open-ended employment contracts are also called permanent, indefinite, or continuing contracts as they are typically used for long-term employment situations (University of Strathclyde, 2013). This type of employment contract may be terminated if either party gives appropriate notice to the other party or in specific instances such as health ...

  7. Open-ended mortgages: What are they and how do they work? - AOL

    www.aol.com/finance/open-ended-mortgages...

    Key takeaways. An open-end mortgage provides financing to help you buy a home now and renovate it in the future. Open-end mortgages work similar to a home equity line of credit, but you can only ...

  8. Open-ended - Wikipedia

    en.wikipedia.org/wiki/Open-ended

    Open-ended may refer to: Open-ended (gameplay), dynamic situations or scenarios that allow the individual to determine the outcome; Open-ended (poker), situation in poker where the player has four of five cards needed for a straight that can be completed at either end; Open-ended contract, a contract with no definite time limit

  9. Performance-linked incentives - Wikipedia

    en.wikipedia.org/wiki/Performance-linked_incentives

    PLI may either be open-ended which does not have a fixed ceiling for the quantum of incentive granted or close-ended which has an upper ceiling as stipulated in the scheme or the contract. Open-ended incentives are normally applicable to revenue-generating activities (e.g., sales, production, efficiency, competitiveness, etc), while close-ended ...

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