mutual fund

American  

noun

1. an investment company that issues shares continuously and is obligated to repurchase them from shareholders on demand.

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mutual fund British  

noun

1. British equivalent: unit trust.  an investment trust that issues units for public sale, the holders of which are creditors and not shareholders with their interests represented by a trust company independent of the issuing agency

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mutual fund Cultural  

1. A company organized for the purpose of making investments. A mutual fund gets its capital stock from private individual investors, who, in effect, allow the mutual fund to decide where to invest their money.

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Etymology

Origin of mutual fund

First recorded in 1790–1800

Example Sentences

See Examples For:

mutual fund

Garcia disclosed only a pension, worth $100,001 to $250,000, while Padilla Stout only listed a bank account, a mutual fund and her spouse’s retirement plans.

From Salon ● Jul. 24, 2026

SBI Funds Management had quarterly average assets under management of 29.5 trillion rupees, equivalent to $305.74 billion, as of March, and is India’s largest asset-management company by mutual fund assets, with a roughly 15% share.

From The Wall Street Journal ● Jul. 21, 2026

“I think both funds are buys now, at current discount levels,” says Eric Boughton, a portfolio manager at Matisse Discounted Closed-End Fund Strategy, a mutual fund that buys discounted closed-end funds.

From Barron's ● Jun. 15, 2026

Closed-end funds offer advantages that can work well for investors over the long term since this fund type allows for more flexibility in portfolio management than a traditional open-ended mutual fund.

From MarketWatch ● Jun. 9, 2026

Jim went into the insurance and mutual fund business, and from there he made the switch to banking.

From "Class Matters" by The New York Times

Related Words

• bond fund
• closed-end fund
• investment fund
• retirement plan