mutual fund definition

  • noun:
    • a good investment business that continuously provides new stocks and purchases existing shares back on request of shareholder and makes use of its money to buy diversified securities of other programs.
    • a kind of collective investment by which money from numerous people is pooled and dedicated to shares, bonds, short term cash market instruments, and/or other securities underneath the path of a fund supervisor.
    • a regulated investment company with a pool of possessions that regularly sells and redeems its stocks
    • the pooled cash that is invested in possessions

Related Sources

  • Sentence for "mutual fund"
  • Urban Dictionary for "mutual fund"
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