open-end company
Defined in 1 dictionary — Case Law
Definitions from Case Law
United States Supreme Court
a management company (i.e., an investment company other than a unit investment trust or a face-amount certificate company, § 4) which is offering for sale or has outstanding any redeemable security of which it is the issuer.
Defined by the Supreme Court in Securities and Exchange Commission v. Variable Annuity Life Insurance Company of America, 359 U.S. 65 (1959).