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mutual fund definition

☆ mutual fund

  1. a fund consisting of a number of diversified securities that is owned jointly by those who have purchased shares in it as an investment
  2. a company or corporation that manages such a fund or funds

Webster's New World College Dictionary Copyright © 2005 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.

Alternate definitions:

business mutual fund definition - business

finance mutual fund definition - finance

mutual fund Synonyms

mutual fund

n.

trust fund, investment corporation, cushioned stock list; see bank 3, funds.


Webster's New World Roget's A-Z Thesaurus Copyright © 1999 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.

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MLA Style

"mutual fund." Webster's New World College Dictionary. 2009

  • Your Dictionary. 4 July 2009
  • <www.yourdictionary.com/mutual-fund>

APA Style

mutual fund. (2009). In Webster's New World College Dictionary

  • Retrieved July 4th, 2009, from www.yourdictionary.com/mutual-fund

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