Definitions for "OEIC"
Open Ended Investment Company: a type of collective investment fund that is incorporated but open ended.... more on: OEIC
Open Ended Investment Company. Effectively a 'hybrid' unit trust/investment trust with a board of directors, shareholders, a variable capital base, single pricing for buying and selling and able to issue difference classes of share.
A collective fund similar to a unit trust where people pool their money enabling them to invest in a wide range of investments. Like a unit trust, it is open ended (i.e. the size of the fund is not fixed), and your money buys shares in the company managing the fund instead of buying units.   back
Keywords:  ircuit, pto, lectronic, ntegrated
pto- lectronic ntegrated ircuit
Abbreviation for opto-electronic integrated circuit. An integrated circuit that includes both optical and electrical elements.