open-end well | open-ended well

open-end well [ open-ended well ]

open-end well

open bottom Titeseal closure

open-ended collective investment scheme with subfunds | umbrella-fund

Investors may be able to sell their shares back to the open when they want (open-ended funds) or their assets may be locked up for a fixed period (closed-end).

Commission and European Investment Bank announce a fund for broadband infrastructure open to participation of National Promotional Banks and Institutions and of private investors // Brussels, 12 December 2016

Instead, the money simply disappears and the EU degenerates into a transfer union which is also a bottomless pit.

►C1 (26)'escrow account' means a bank account covered by a written agreement between a managing authority or an intermediate body and the body implementing a financial instrument, or, in the case of a PPP operation, a written agreement between a public body beneficiary and the private partner approved by the managing authority or an intermediate body, set up specifically to hold funds to be paid out after the eligibility period in the case of a financial instrument, or during the eligibility period and/or after the eligibility period in the case of a PPP operation, exclusively ◄ for the purposes provided for in point (c) of Article 42(1) ...[+++], Article 42(2), Article 42(3) and Article 64, or a bank account set up on terms providing equivalent guarantees on the payments out of the funds.