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Definition of Mutual fund
1. Noun. The pooled money that is invested in assets.
2. Noun. A regulated investment company with a pool of assets that regularly sells and redeems its shares.
Generic synonyms: Fund, Investment Company, Investment Firm, Investment Trust
Specialized synonyms: Index Fund
Definition of Mutual fund
1. Noun. (finance) A form of collective investment in which money from many investors is pooled and invested in stocks, bonds, short-term money market instruments, and/or other securities under the direction of a fund manager. ¹
¹ Source: wiktionary.com
Lexicographical Neighbors of Mutual Fund
Literary usage of Mutual fund
Below you will find example usage of this term as found in modern and/or classical literature:
1. Institutional Investors in the New Financial Landscape by H. J. Blommestein, Norbert Funke (1998)
"First, no mutual fund, including money market mutual funds, ... The value of
mutual fund shares is tied directly to the value of the fund's assets, ..."
2. Commentaries on the Law of Private Corporations by Seymour Dwight Thompson (1895)
"Withdrawal of Members of Building and mutual fund Associations.—Building and
other mutual fund associations stand on a footing, in respect of what we are ..."
3. Institutional Investors in the New Financial Landscape by H. J. Blommestein, Norbert Funke (1998)
"First, no mutual fund, including money market mutual funds, ... The value of
mutual fund shares is tied directly to the value of the fund's assets, ..."
4. Commentaries on the Law of Private Corporations by Seymour Dwight Thompson (1895)
"Withdrawal of Members of Building and mutual fund Associations.—Building and
other mutual fund associations stand on a footing, in respect of what we are ..."