closed-end fund

NOUN
15 LETTERS · STARTS WITH C

closed-end fund is a valid 15-letter word worth 21 points in Scrabble and 26 points in Words with Friends.

SCRABBLE WORDS WITH FRIENDS
C3L1O1S1E1D2-0E1N1D2F4U1N1D2
3 + 1 + 1 + 1 + 1 + 2 + 0 + 1 + 1 + 2 + 0 + 4 + 1 + 1 + 2 =21 PTS
DOUBLE WORD → 42TRIPLE WORD → 63
MEANING

What does closed-end fund mean?

NOUN · 1 SENSE
1

A regulated investment company that issues a fixed number of shares which are listed on a stock market.