mutual fund

noun

: an open-end investment company that invests money of its shareholders in a usually diversified group of securities of other corporations

Examples of mutual fund in a Sentence

She invested her money in a mutual fund.
Recent Examples on the Web About 62% of Americans say they are invested in the stock market, which can include individual stocks, mutual funds or money saved in a retirement savings account, according to Gallup. Aimee Picchi, CBS News, 15 May 2024 Whereas schools tended to own stocks in the 1970s and ’80s, when the South Africa divestment movement was active, many now own mutual funds. Jackie Valley, The Christian Science Monitor, 3 May 2024 See all Example Sentences for mutual fund 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'mutual fund.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1932, in the meaning defined above

Time Traveler
The first known use of mutual fund was in 1932

Dictionary Entries Near mutual fund

Cite this Entry

“Mutual fund.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/mutual%20fund. Accessed 29 May. 2024.

Legal Definition

mutual fund

see fund sense 2

More from Merriam-Webster on mutual fund

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