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Mutual fund
/mjˈutʃuəl
fənd/
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Mutual fund
noun
1.
The pooled money that is invested in assets.
2.
A regulated investment company with a pool of assets that regularly sells and redeems its shares.
Synonyms:
mutual fund company
,
open-end fund
,
open-end investment company
.
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Etymology of 'Mutual fund'
Related search:
mutual fund company
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