HyperDic: mutual_fund

English > 2 senses of the expression mutual fund:
NOUNpossessionmutual fundthe pooled money that is invested in assets
groupmutual 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
English > mutual fund: 2 senses > noun 1, possession
MeaningThe pooled money that is invested in assets.
Narrowerexchange traded fund, ETFA mutual fund that is traded on a stock exchange
index fundA mutual fund whose assets are stocks on a given list
Broaderfund, monetary fundA reserve of money set aside for some purpose
English > mutual fund: 2 senses > noun 2, group
MeaningA regulated investment company with a pool / pool of assets that regularly sells and redeems its shares.
Synonymsmutual fund company, open-end fund, open-end investment company
Narrowerindex fundA mutual fund that invests in the stocks that are the basis of a well-known stock or bond index
Broaderinvestment company, investment trust, investment firm, fundA financial institution that sells shares to individuals and invests in securities issued by other companies

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