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closed-end
[ klohzd-end ]
adjective
- of, relating to, or like a closed-end investment company.
Word History and Origins
Origin of closed-end1
Example Sentences
“It’s kind of an art. You have to ask short, closed-end questions because if a question is left too open, it can create too much of a dialogue” between the caller and interpreter before the dispatcher gets the answer, he said.
Campos Neto endorsed two of the government proposals to tax closed-end and offshore funds which currently enjoy tax advantages that benefit wealthier Brazilians.
But President Luiz Inacio Lula da Silva has since moved to raise taxes on closed-end investment funds through an executive order and proposed the end of a tax loophole for shareholder payouts, as Reuters first reported in July.
This package of measures includes Congress-approved changes to tax trial regulations that raise the bar for companies to successfully contest their tax bills, but also involves other bills that are currently pending votes, such as the regulation of sports betting, along with proposed taxation adjustments for closed-end and offshore investment funds.
He also said he hopes the Brazilian Congress will help his administration "protect the poorest, not the richest" in the country, after he signed an executive order to tax closed-end and offshore funds.
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