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index fund
noun
a fund, as a mutual fund or pension fund, with a portfolio that contains many of the securities listed in a major stock index in order to match the performance of the stock market generally.
Origin:
1975–80
1975–80
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2012.
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Based on the Random House Dictionary, © Random House, Inc. 2012.
Cite This Source
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Link To index fund
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Index fund
is always a great word to know.
So is lollapalooza. Does it mean:
| an extraordinary or unusual thing, person, or event; an exceptional example or instance. |
| a fool or simpleton; ninny. |
WordNet
| index fund | |
noun | |
| 1. | a mutual fund whose assets are stocks on a given list |
| 2. | a mutual fund that invests in the stocks that are the basis of a well-known stock or bond index |
WordNet® 3.0, © 2006 by Princeton University.
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Cite This Source
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