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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
Another option might be a money market mutual fund, which invests in short-term, low-risk debt instruments.
—Jeanne Sahadi, CNN, 29 Jan. 2025
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, 25 Jan. 2025
As for risks, few investors would assume a stock fund comes with the same protections as a bank deposit account, but the differences aren’t always so clear, such as with money-market mutual funds and money-market deposit accounts at bank.
—Russ Wiles, USA TODAY, 24 Jan. 2025
Stocks in Hong Kong got a brief boost from China’s ordering of pensions and mutual funds to invest more in domestic stocks, for example, but the Hang Seng index ended with a dip of 0.4%.
—Stan Choe, Los Angeles Times, 23 Jan. 2025
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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 1 Feb. 2025.
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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