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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Among the biggest beneficiaries are veteran stock picker Ron Baron, Cathie Wood’s Ark Invest and mutual fund giant Fidelity Investments. Leonie Kidd, CNBC, 12 June 2026 The cheapest way to invest in gold for retirement is usually through gold ETFs or gold mutual funds, rather than a gold IRA. Faith Wakefield, USA Today, 12 June 2026 Of course, the big hedge and mutual funds, as well as insurers, endowments, and sundry other institutional investors, are super-hungry to get the biggest possible share allocations for both of these mega-IPOs, just as in the SpaceX deal. Shawn Tully, Fortune, 10 June 2026 Vanguard, which pioneered index mutual funds, says that about 30% of retirement account holders choose equity funds if they’re offered by plan sponsors, and most are indexed. Business Columnist, Los Angeles Times, 9 June 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 18 Jun. 2026.

Legal Definition

mutual fund

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