open-end
adjective
ukus FINANCE (also open-ended)
used to describe an investment fund in which shares can be bought at any time because there are no limits to how many shares are available:
This is an open-end fund that invests in publicly traded companies.
FINANCE (also open-ended)
used to describe a loan in which extra amounts of money can be borrowed later with the same conditions as the original loan
US
→ open-ended :
workers on open-end contracts
Compare
closed-end
OEIC