open end

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Open End

Definition:

Noun: An investment fund that allows investors to buy and redeem shares at any time at net asset value.

Noun: A credit agreement that allows borrowers to borrow multiple times without reapplying for a loan.

Noun: The end of a piece of fabric that is not sewn, hemmed, or finished.

Adjective: Referring to a question or task that does not have a specific or predetermined conclusion.

Adjective: Used to describe an agreement or contract that does not have a fixed term or date of expiration.

Verb: To unfold, unroll, or unwrap.

Verb: To extend or offer without any limitations or restrictions.

Examples:

Noun:

The mutual fund allows investors to freely buy and sell shares, making it an open end investment.
She decided to invest in an open end fund to have greater flexibility in managing her portfolio.
His open end credit agreement allowed him to borrow additional funds whenever necessary.

Adjective:

The debate turned out to be an open end discussion with no clear winner.
The open end contract gave them the freedom to negotiate the terms whenever required.

Verb:

He carefully opened the envelope to reveal the open end.
They decided to open end the offer to all interested parties.