21.   An open-end fund is one in which new shares are continually issued and the investment company will buy back the shares on demand at their net asset value.

22.   And it has announced plans to issue shares in its Berlin-based Web site and software design concern, Pixelpark.

23.   As part of a rescue plan, Kvaerner and Aker Maritime agreed to combine key businesses and Kvaerner will issue new shares.

24.   Bacnotan will issue shares to take over Central.

25.   Bank of Boston will pay for Boston Bancorp by issuing common shares, but said it expects to buy back an equal number of shares in the market.

26.   Both companies have lost nearly half of their value since issuing shares to the public.

27.   A bear market would help, many experts say, because shareholders would start voting down management plans for issuing shares to reward top executives and other employees.

28.   A closed-end fund raises money and then issues shares that are traded like the stock of a company.

29.   A company uses poison-pill plans to issue new shares and thereby make an attempted hostile purchase prohibitively expensive.

30.   A favorable investor reaction will allow Federated to pay lower interest rates on some of its debt and issue fewer shares to buy Macy.