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A rule of conduct or procedure established by custom, agreement, or authority. The body of rules and principles governing the affairs of a community and enforced by a political authority; a legal system: international law. The condition of social order and justice created by adherence to such a system: a breakdown of law and civilized behavior. A set of rules or principles dealing with a specific area of a legal system: tax law; criminal law. A piece of enacted legislation. What is Law?

Closed-End Fund

A Closed-End fund is one with a limited number of shares. No new shares are
issued after the fund is launched. An investor can purchase shares in a
close-end fund from a broker. The price of a closed-end fund is determined
by the premium (or discount) placed on it by the market.
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