MUTUAL FUND

Pronunciation (US):

(GB):

IPA (US):

 Dictionary entry overview: What does mutual fund mean? 

• MUTUAL FUND (noun)
  The noun MUTUAL FUND has 2 senses:

1. the pooled money that is invested in assets

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

  Familiarity information: MUTUAL FUND used as a noun is rare.

 Dictionary entry details 

• MUTUAL FUND (noun)

Sense 1

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)

Sense 2

Meaning:

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

Classified under:

Nouns denoting groupings of people or objects

Synonyms:

mutual fund; mutual fund company; open-end fund; open-end investment company

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)