HyperDic: index_fund

English > 2 senses of the expression index fund:
NOUNpossessionindex funda mutual fund whose assets are stocks on a given list
groupindex funda mutual fund that invests in the stocks that are the basis of a well-known stock or bond index
English > index fund: 2 senses > noun 1, possession
MeaningA mutual fund whose assets are stocks on a given list.
Broadermutual fundThe pooled money that is invested in assets
English > index fund: 2 senses > noun 2, group
MeaningA mutual fund that invests in the stocks that are the basis of a well-known stock or bond index.
Broadermutual fund, mutual fund company, open-end fund, open-end investment companyA regulated investment company with a pool / pool of assets that regularly sells and redeems its shares

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