Crossword Solver > found answer > CLOSEDEFUND

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CROSSWORD
ANSWER

closedefund

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The answer CLOSEDEFUND has 1 possible clue(s) in existing crosswords.

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The word CLOSEDEFUND is NOT valid in any word game. (Sorry, you cannot play CLOSEDEFUND in Scrabble, Words With Friends etc)

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Definitions of closedefund in various dictionaries:

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Possible Crossword Clues
Its number of shares is fixed

Last Seen in these Crosswords & Puzzles
Jan 18 2008 Wall Street Journal

Closedefund might refer to
A Zombie fund (more formally known as a closed fund) is a colloquial expression for a with-profits life insurance fund that is closed to new business. It is therefore running off its portfolio of insurance liabilities, but not issuing new policies, until the final policy matures, which may be many years into the future. * In some cases, closed funds will at some point merge with other life insurance funds, or be transferred to another company, in order to achieve economies of scale. * Closed funds can attract negative coverage, as in the case of Resolution plc.

Closedefund might refer to

A Zombie fund (more formally known as a closed fund) is a colloquial expression for a with-profits life insurance fund that is closed to new business. It is therefore running off its portfolio of insurance liabilities, but not issuing new policies, until the final policy matures, which may be many years into the future.
* In some cases, closed funds will at some point merge with other life insurance funds, or be transferred to another company, in order to achieve economies of scale.
* Closed funds can attract negative coverage, as in the case of Resolution plc.

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