Reference meaning
mutual fund
Last updated
the pooled money that is invested in assets
Other meanings
2. noun
a regulated investment company with a pool of assets that regularly sells and redeems its shares
Source and scope
This definition is reproduced from Princeton WordNet 3.0, sense 13358895-n, under the WordNet 3.0 License. It has not yet received VocabularyBase editorial review. Read the source and license details.