Open end credit means khullam khulla udhar lena band.Closed end credit means chup k udhar lena band
the difference between installment credit and open ended credit is they are the same..
Generally, closed-end credit has a better interest rate than that of open-ended credit because closed-end credit is less risky insomuch as there is a limit on how much credit may be utilized (whereas there is no limit for open-ended credit). Because lenders look at the risk-reward aspects of the product portfolio, a lower-risk product warrants a lower interest rate than one having higher risk.
An open ended mutual fund is one where the investor can redeem his investment any time he feels appropriate whereas a close ended mutual fund is one where the investor has to wait until the lock in period is over to redeem his investment. Open ended funds are more liquid can close ended funds because of this.
Credit cards are open ended accounts. The issuing bank has a limit as to how much can be borrowed against the account. The top amount is the credit limit.
It's a type of loan that once it's paid off it's closed you can't add on to this loan again.
the difference between installment credit and open ended credit is they are the same..
Generally, closed-end credit has a better interest rate than that of open-ended credit because closed-end credit is less risky insomuch as there is a limit on how much credit may be utilized (whereas there is no limit for open-ended credit). Because lenders look at the risk-reward aspects of the product portfolio, a lower-risk product warrants a lower interest rate than one having higher risk.
Open-ended means the user is free to provide whatever response they want. Closed-ended means the user is limited in their choice of responses, i.e. multiple choice.
A closed question is one which elicits a yes/no or definite type answer (eg what is your name). An open question is one that elicits a variety of answers (eg what do you think of your local restaurant provision).
Kaluzhskaya - closed - ended in 1974.
both.
Finance Credit ended in 2002.
A closed-ended question is one where the answer is not open to interpretation. An example of a closed-ended question would be, "What is the year of the sinking of the Titanic, 1912 or 1913?"
A Closed ended fund is one that does not accept further investments from investors once the initial offer period is complete.
ended, final, finished
Nixon was ending it, until Watergate ended him; Ford closed it out.
A closed question is when the answer can only be Yes/No. Or when you have a predefined list of answers to choose from. An open ended question let's you answer with your own words.