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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
Instead of cash, Americans might consider directly donating long-term appreciated assets like stocks, mutual funds, bonds, real estate or private company stock, advisers say.
—Medora Lee, USA TODAY, 2 Dec. 2024
Fidelity mutual funds marked up the value of their X Holdings shares by 32.37% in October, the largest monthly increase since helping Elon Musk buy the company in 2022.
—Dan Primack, Axios, 1 Dec. 2024
At a high level, mutual funds and ETFs are similar.
—Greg Iacurci, CNBC, 27 Nov. 2024
Investors can access the bank loans market using ETFs or mutual funds.
—Garth Friesen, Forbes, 24 Nov. 2024
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Word History
First Known Use
1932, in the meaning defined above
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 17 Dec. 2024.
Legal Definition
mutual fund
see fund sense 2
More from Merriam-Webster on mutual fund
Britannica.com: Encyclopedia article about mutual fund
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