Meaning Of The Word Mutual fund
What's the definition of Mutual fund? Find Mutual fund meanings, definitions and more at the Real Dictionary online.
Mutual fund Meaning
| Mutual fund Definition |
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What's The Definition Of Mutual fund?
mutual fund
countable noun: A mutual fund is an organization which invests money in many different kinds of business and which offers units for sale to the public as an investment. mutual fund in American English a fund consisting of a number of diversified securities that is owned jointly by those who have purchased shares in it as an investment noun: an investment company that issues shares continuously and is obligated to repurchase them from shareholders on demand mutual fund in British English noun: 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 in Finance noun: A mutual fund is an investment where many people buy shares, and a professional manager invests the money in a diverse portfolio. mutual fund in Insurance noun: A mutual fund is a financial arrangement managed by an investment company, in which you can buy shares in many different businesses. |
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