mutual fund

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Definitions from WordNet

Noun mutual fund has 1 sense

mutual fund, open-end fund, open-end investment company - a regulated investment company with a pool of assets that regularly sells and redeems its shares
--₁ is a kind of investment company, investment trust, investment firm, fund
--₁ has particulars: index fund

Definitions from the Web

Mutual Fund

Definition:

A mutual fund is a type of investment vehicle made up of a pool of funds collected from many investors to invest in diversified securities such as stocks, bonds, and other assets.

Senses:

Sense 1:

Noun - Finance

A mutual fund serves as a professionally managed investment portfolio that is actively buying and selling securities to generate profits for its investors.

Example sentence: I decided to invest my savings in a mutual fund in hopes of earning a higher return on my investment.

Sense 2:

Noun - Finance

A mutual fund can also refer to a company that offers various types of mutual funds to investors.

Example sentence: I contacted a mutual fund company to inquire about their available investment options.

Usages:

Usage 1:

Popular

In popular usage, mutual funds are often considered relatively safer investment options for individuals who do not have extensive knowledge or time to manage their own investments.

Example sentence: Many people choose to invest in mutual funds because they offer a diversified portfolio managed by professionals.

Usage 2:

Local

In some local areas, community organizations and clubs may establish mutual funds to pool resources and invest collectively for the benefit of their members.

Example sentence: Our local community association set up a mutual fund to invest in local businesses for the growth and development of our neighborhood.