MUTUAL FUND

Pronunciation (US): (GB):

Meaning:

A regulated investment company with a pool of assets that regularly sells and redeems its shares

Synonyms:

Classified under:

Nouns denoting groupings of people or objects

Hypernyms ("mutual fund" is a kind of...):

fund; investment company; investment firm; investment trust (a financial institution that sells shares to individuals and invests in securities issued by other companies)

Hyponyms (each of the following is a kind of "mutual fund"):

index fund (a mutual fund that invests in the stocks that are the basis of a well-known stock or bond index)

Meaning:

The pooled money that is invested in assets

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("mutual fund" is a kind of...):

fund; monetary fund (a reserve of money set aside for some purpose)

Hyponyms (each of the following is a kind of "mutual fund"):

ETF; exchange traded fund (a mutual fund that is traded on a stock exchange)

index fund (a mutual fund whose assets are stocks on a given list)