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 Ken Squire is the founder and president of 13D Monitor, an institutional research service on shareholder activism, and the founder and portfolio manager of the 13D Activist Fund, a mutual fund that invests in a portfolio of activist 13D investments. Kenneth Squire, CNBC, 20 July 2024 Some mutual fund managers are also being pressured to return non-compliant pay earned in previous years, the people said. Alena Botros, Fortune Asia, 27 June 2024 In a major move, the SEC assisted New York Attorney General Eliot L. Spitzer in cracking down on brokerage houses that illegally helped clients trade mutual funds after hours. Brian Murphy, Washington Post, 14 June 2024 They are not required to report savings accounts, mutual fund investments or other financial instruments. Calmatters, The Mercury News, 28 June 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

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

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 27 Jul. 2024.

Legal Definition

mutual fund

see fund sense 2

More from Merriam-Webster on mutual fund

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