mutual fund

American  

noun

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

---

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

---

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.

---

Etymology

Origin of mutual fund

First recorded in 1790–1800

Example Sentences

See Examples For:

mutual fund

It’s a mutual fund, not an ETF, and it seeks to double rather than triple the Nasdaq-100 index’s daily returns.

From The Wall Street Journal ● Sep. 15, 2026

That’s because the looming mammoth IPOs of Anthropic, OpenAI, and others, may coincide with a calendar-based mutual fund tax strategy to encourage additional selling of poor performers.

From MarketWatch ● Sep. 7, 2026

The author of the BCA note, Doug Peta, said that in the early 1980s, the value of equity portfolios and mutual fund holdings was far less than half of households’ disposable income.

From MarketWatch ● Aug. 17, 2026

Nehls only disclosed a handful of bank accounts, stock and a mutual fund — all worth less than $15,000, while listing liabilities in the form of revolving credit from three credit card companies.

From Salon ● Jul. 24, 2026

One group of mutual fund companies let preferred customers trade at preferred prices, and another group was charged with hiding management fees.

From "Freakonomics: A Rogue Economist Explores the Hidden Side of Everything" by Steven D. Levitt

Related Words

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