Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
CLOSED TO NEW INVESTORS Definition & Legal Meaning
Definition & Citations:
Condition enacted when a mutual fund has much more money to invest than the availability of allowable investments.
This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.