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
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Research and trade a broad range of onshore and offshore mutual funds. Carson Brunson, CNBC, 9 Sep. 2026 These are seven complex mathematical challenges that the Clay Mathematics Institute, founded by American mutual fund magnate Landon Clay, selected in the year 2000, offering a $1 million prize for the first correct solution to each problem. Jeremy Kahn, Fortune, 8 Sep. 2026 Pay now or later, or not at all Some mutual fund share classes charge a sales commission, or load, that compensates the broker or advisor who sells the fund. Debbie Carlson, Encyclopedia Britannica, 2 Sep. 2026 Happy 50th birthday Vanguard 500 Index Fund, the first ever index mutual fund which revolutionized how Americans invest. Medora Lee, USA Today, 31 Aug. 2026 See All Example Sentences for mutual fund

Word History

First Known Use

1932, in the meaning defined above

Time Traveler
The first known use of mutual fund was in 1932

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Cite this Entry

“Mutual fund.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/mutual%20fund. Accessed 13 Sep. 2026.

Legal Definition

mutual fund

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