commingled fund

commingled fund definition - business

commingled fund

An investment fund that consists of assets of several individual accounts. A commingled fund is established to reduce the cost and effort required to manage accounts separately.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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