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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
While that is about half the roughly $20 trillion in mutual funds, ETFs have steadily eroded mutual funds’ market share since debuting in the early 1990s. Greg Iacurci, CNBC, 17 Dec. 2024 Usually, a check is mailed to the IRA owner’s last known address or legal title to shares of stock or mutual funds are transferred to the IRA owner’s name. Bob Carlson, Forbes, 14 Dec. 2024 The Vanguard Group, the country’s largest mutual fund provider, and BlackRock, the world’s largest asset manager, with over $11.5 trillion under its supervision, have the largest stakes in Albertsons. Steve Kopack, NBC News, 12 Dec. 2024 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 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 21 Dec. 2024.

Legal Definition

mutual fund

see fund sense 2

More from Merriam-Webster on mutual fund

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