In mathematics, an equation or system of equations is said to have a closed-form solution just in case a solution can be expressed analytically in terms of a bounded number of well_known operations. The classic example involves the two roots of a quadratic equation, which can be expressed in closed form in terms of addition and subtraction, multiplication and division, and square root extraction.
The precise meaning of closed-form solution depends on what operations are considered to be well-known. For example, many cumulative distribution functions cannot be expressed in closed form, unless one considers special functions such as the error function or gamma function to be well-known. For many practical computer applications, it is entirely reasonable to assume that the gamma function and other special functions are well-known, since numerical implementations are widely available.
The term"closed" in closed captioning means that not all viewers see the captions—only those who decode or activate them.
The distinction between subtitles and closed captions is not always made in the United Kingdom and Ireland, where the term "subtitles" is a general term.
The use of closed captioning for television news monitoring was pioneered in 1993 by Tulsa-based NewsTrak of Oklahoma (later known as Broadcast News of Mid-America, acquired by video news release pioneer Medialink Worldwide Incorporated in 1997).
Closed-end leases are so called because they run for a fixed term, and the lessor and lessee agree in the lease contract what the residual value of the property being leased will be.
Closed-end leases generally provide that the lessee is responsible for insuring the property, for maintaining it in accordance with the lessor's requirements, and for paying any taxes or license fees which may be assessed on the lessor as owner of record.
Motor vehicle leases generally include a provision for determining the amount of "excess wear and tear" (or "wear and use") at the end of the lease term, for which the lessee is responsible upon returning the vehicle.