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

This being the “information age,” it would be understandable if investors sometimes feel inundated with too much information to wade through about the stocks in their mutual fund portfolios.

From Los Angeles Times ● Jul. 8, 2026

The average U.S.-stock mutual fund or exchange-traded fund posted a total return of 17.1% for the quarter, pulling the funds into the black for the year to date, at 13.4%.

From The Wall Street Journal ● Jul. 4, 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

“The market found him,” says the Philadelphia mutual fund manager.

From "The Big Short" by Michael Lewis

Related Words

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