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index fund

noun

a fund, as a mutual fund or pension fund, with a portfolio that contains many of the securities listed in a major stock index in order to match the performance of the stock market generally.

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Origin of index fund

First recorded in 1975–80

Words nearby index fund

index crime, Index Expurgatorius, index extensor muscle, index finger, index fossil, index fund, index futures, indexical, indexing head, indexing service, Index Librorum Prohibitorum
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020