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

Uber is a holding in the Zacks All-Cap Core mutual fund.

From Barron's • May 6, 2026

You’ll also want to track the expense ratio of each ETF or mutual fund in your portfolio.

From MarketWatch • Apr. 28, 2026

The wealthiest 10% External link of Americans own 87% of all corporate equities and mutual fund shares, with the wealthiest 1% holding half and the top 0.1% almost a quarter.

From Barron's • Apr. 15, 2026

The average U.S.-stock mutual fund or ETF fell 2.8% to start the year.

From The Wall Street Journal • Apr. 13, 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