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open-end

   Also found in: Legal, Encyclopedia, Wikipedia 0.01 sec.
o·pen-end (pn-nd)
adj.
1. Having no definite limit of duration or amount: an open-end contract.
2. Continually issuing new shares or buying back existing shares from shareholders: an open-end mutual fund.
3. Permitting the borrowing of additional funds under existing terms: an open-end mortgage.


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Federal credit unions do not have to inform members about courtesy periods after due dates on open-end accounts, NCUA Associate General Counsel Sheila Albin wrote in a recent opinion letter.
Speaking at a recent panel sponsored jointly by REBNY and the International Federation of Real Estate, former Jamestown head, Steve Zoukis, declared that the open-end real estate fund model in Germany is dead.
The Federal Reserve Board, on October 11, 2005, issued for public comment a second advance notice of proposed rulemaking (ANPR) concerning the open-end (revolving) credit rules of the Board's Regulation Z (Truth in Lending), which implements the Truth in Lending Act (TILA).
 
 
 
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