| Library / English Dictionary |
MUTUAL FUND
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
A regulated investment company with a pool of assets that regularly sells and redeems its shares
Synonyms:
mutual fund; mutual fund company; open-end fund; open-end investment company
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)
Sense 2
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)
