MUTUAL FUND
Dictionary entry overview: What does mutual fund mean? • MUTUAL FUND (noun)
The noun MUTUAL FUND has 1 sense:
1. a regulated investment company with a pool of assets that regularly sells and redeems its shares
Familiarity information: MUTUAL FUND used as a noun is very rare.
Dictionary entry details
• MUTUAL FUND (noun)
Meaning:
A regulated investment company with a pool of assets that regularly sells and redeems its shares
Classified under:
Nouns denoting groupings of people or objects
Synonyms:
mutual fund; open-end fund; open-end investment company
Hypernyms ("mutual fund" is a kind of...):
fund; investment company; investment firm; investment trust (a financial institution that sells shares to individuals and invests in securities issued by other companies)
Hyponyms (each of the following is a kind of "mutual fund"):
index fund (a mutual fund that invests in the stocks that are the basis of a well-known stock or bond index)
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