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mutual fund

noun
1.
an investment company that issues shares continuously and is obligated to repurchase them from shareholders on demand.
Also called open-end investment company.
Origin
1790-1800
1790-1800
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for mutual fund
  • The average stock-market mutual fund was down almost three per cent for the year.
  • For consumers, money market funds generally function as a cross between a mutual fund and a bank account.
  • Think about a mutual fund market where data on market returns were nonexistent.
  • Turn them into mortgage mutual fund companies knees.
  • All companies will be held by a giant mutual fund that every citizen shares in.
  • If you don't believe me, read a book about the legal challenges to starting a hedge fund or mutual fund.
  • Every pension fund and mutual fund should be working together toward the same end.
  • But it stopped working, and now the legendary mutual fund manager is retiring.
  • Harvesting losses with a mutual fund is a little easier.
  • Not according to some mutual fund industry critics, who say investors should avoid funds with high fees.
British Dictionary definitions for mutual fund

mutual fund

noun
1.
(US & Canadian) an investment trust that issues units for public sale, the holders of which are creditors and not shareholders with their interests represented by a trust company independent of the issuing agency British equivalent unit trust
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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mutual fund in Culture

mutual fund definition


A company organized for the purpose of making investments. A mutual fund gets its capital stock from private individual investors, who, in effect, allow the mutual fund to decide where to invest their money.

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Difficulty index for mutual fund

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Word Value for mutual

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