mutual fund

noun

: an open-end investment company that invests money of its shareholders in a usually diversified group of securities of other corporations

Examples of mutual fund in a Sentence

She invested her money in a mutual fund.
Recent Examples on the Web
These examples are automatically compiled from online sources to illustrate current usage. Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Ken Squire is the founder and president of 13D Monitor, an institutional research service on shareholder activism, and the founder and portfolio manager of the 13D Activist Fund, a mutual fund that invests in a portfolio of activist 13D investments. Kenneth Squire, CNBC, 26 Oct. 2024 When the proceeds from such divestment are put in say, a mutual fund, the taxes are technically deferred until the new assets are sold. Bygreg McKenna, Fortune, 25 Oct. 2024 The Taiwanese government is the largest shareholder, but most of the company is owned by foreign investors, including American mutual funds. Russ Wiles, The Arizona Republic, 24 Sep. 2024 In the past, Brisbane worked as a manager for a biotechnology mutual fund, according to a progress report from 2017 for the Cancer Research & Treatment Fund. Elaine Mallon, Washington Examiner - Political News and Conservative Analysis About Congress, the President, and the Federal Government, 19 Oct. 2024 See all Example Sentences for mutual fund 

Word History

First Known Use

1932, in the meaning defined above

Time Traveler
The first known use of mutual fund was in 1932

Dictionary Entries Near mutual fund

Cite this Entry

“Mutual fund.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/mutual%20fund. Accessed 14 Nov. 2024.

Legal Definition

mutual fund

see fund sense 2

More from Merriam-Webster on mutual fund

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