Mutual Fund (Noun)
Meaning 1
The pooled money that is invested in assets.
Classification
Nouns denoting possession and transfer of possession.
Examples
- A mutual fund is a type of investment vehicle that pools money from many investors to invest in a variety of assets.
- The mutual fund was established to provide a diversified portfolio of stocks and bonds to its shareholders.
- She invested her retirement savings in a mutual fund that focused on international equities.
- The financial advisor recommended a mutual fund with a track record of stable returns and low fees.
- The company's 401(k) plan offered a range of mutual fund options for employees to choose from.
Hypernyms
Hyponyms
Meaning 2
A regulated investment company with a pool of assets that regularly sells and redeems its shares.
Classification
Nouns denoting groupings of people or objects.