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

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

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

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

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