mutual fund meaning and definition

Definition and meaning of mutual fund at MeaningMonkey.org. mutual fund meaning and definition in the English Dictionary.

MUTUAL FUND noun

Definition of mutual fund (noun)

the pooled money that is invested in assets
a regulated investment company with a pool of assets that regularly sells and redeems its shares
- synonyms: mutual fund company, open-end fund, open-end investment company

Source: Princeton University Wordnet

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