mutual fund

noun

1. an investment company that issues shares continuously and is obligated to repurchase them from shareholders on demand.

mutual fund

noun

1. 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 equivalentunit trust

mutual fund

1. 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.

Word History and Origins

Origin of mutual fund¹

First recorded in 1790–1800

Example Sentences

Mr Mukhopadhyay’s suspicions aroused when a caller asked him why he hadn't redeemed his mutual funds - not a question a police officer would usually ask on the phone.

From BBC

Schiff’s investment strategy has gradually shifted from individual stocks to mutual funds that hold shares in many companies, a Times review of Schiff’s financial disclosures show.

From Los Angeles Times

I also have $60,000 in a health savings account that is invested in a mutual fund.

From Los Angeles Times

If crypto is regulated as a security, it will be subject to the same or similar rules that control stocks, bonds and mutual funds, most notably transparency requirements.

From Salon

The three young men noticed that mutual funds and other institutional investors were accounting for a larger share of stock market trading.

From New York Times

Related Words

• bond fund
• closed-end fund
• investment fund
• retirement plan