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LSDefine

Simple English definitions for legal terms

open-end fund

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A quick definition of open-end fund:

An open-end fund, also known as a mutual fund, is a type of investment company that pools money from many investors to buy a variety of securities, such as stocks and bonds. Unlike closed-end funds, an open-end fund continually offers new shares and buys back existing shares on demand. This means that the fund can grow as more investors invest in it. Investors in an open-end fund own a share of the fund and can benefit from the fund's gains or losses.

A more thorough explanation:

An open-end fund is a type of mutual fund that continuously offers new shares and buys back existing shares on demand. This means that the fund can grow as more investors buy shares, and shrink as investors sell their shares.

  • Money-market fund: A mutual fund that invests in low-risk government securities and short-term notes.
  • Value fund: A mutual fund that invests in stocks that its manager believes to be priced below their true market value.
  • Global fund: A mutual fund that invests in stocks and bonds throughout the world, including the U.S.

These examples illustrate how open-end funds can invest in different types of securities and have different investment strategies. The key characteristic of an open-end fund is that it can continuously issue new shares and redeem existing shares, which allows investors to easily buy and sell their shares.

open-ended claim | open-end mortgage

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General chat about the legal profession.
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TGM
18:41
not sure if I should email them to say that, or just hold off on sending it and not give an excuse
18:41
I think I just wouldn’t reach out and if they ask for them then say that
Dkk
18:41
@tgm Yeah sounds good, say that if they ask
18:47
hey yall
18:47
im premed idk why im here
18:48
we’re like cool and sexy and fun I get it
18:48
true i love ur user
18:49
thank you my little crow friend
Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
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