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minimum investment
- The least amount of money required to invest or open an account in a mutual fund. Different funds impose different minimum investments, and a fund may impose different minimum investments for different types of accounts. For example, many mutual funds require lower minimum investments for individual retirement accounts compared to regular accounts.
Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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Copyright © 2003. Published by Houghton Mifflin.
Cite This Source
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