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mutual fund

American  

noun

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

mutual fund British  

noun

  1. British equivalent: unit trust.  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

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
mutual fund Cultural  

  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.

Etymology

Origin of mutual fund

First recorded in 1790–1800

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

But his two mutual funds struggled to generate decent returns.

From The Wall Street Journal

Investors can only buy or sell an open-ended mutual fund’s shares at the market close.

From MarketWatch

Evergreen funds allow continual fundraising and reinvestment, creating the feel of an open-end mutual fund, with access to private deals tucked inside.

From MarketWatch

Friedman says ETFs are attracting a younger, different investor than a traditional mutual fund buyer, rather than seeing mutual fund investors swap for cheaper ETFs.

From Barron's

Snider and the team said 57% of large-cap mutual funds were outperforming their benchmarks year to date, and if that continues, will match 2022 as the strongest year for mutual fund performance since 2007.

From MarketWatch

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.