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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
Both changes mean that mutual funds are buying more Indian financial assets.
—Alex Travelli, New York Times, 31 May 2024
Early this year a report found that the top 10% of households owned 93% of stocks and mutual funds.
—Paolo Confino, Fortune, 29 May 2024
About 62% of Americans say they are invested in the stock market, which can include individual stocks, mutual funds or money saved in a retirement savings account, according to Gallup.
—Aimee Picchi, CBS News, 15 May 2024
Whereas schools tended to own stocks in the 1970s and ’80s, when the South Africa divestment movement was active, many now own mutual funds.
—Jackie Valley, The Christian Science Monitor, 3 May 2024
See all Example Sentences for mutual fund
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'mutual fund.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Word History
First Known Use
1932, in the meaning defined above
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 18 Jun. 2024.
Legal Definition
mutual fund
see fund sense 2
More from Merriam-Webster on mutual fund
Britannica.com: Encyclopedia article about mutual fund
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