mutual fund

mutual fund
mutual fund see fund 2

Merriam-Webster’s Dictionary of Law. . 1996.

mutual fund
n.
A fund run by an investment company that pools the contributions of various investors who purchase shares in the fund, and invests them in a selection of publicly traded securities.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


mutual fund
A fund, in the form of an investment company, in which shareholders combine their money to invest in a variety of stocks, bonds, and money-market investments such as U.S. Treasury bills and bank certificates of deposit.

Dictionary from West's Encyclopedia of American Law. 2005.


mutual fund
A fund, in the form of an investment company, in which shareholders combine their money to invest in a variety of stocks, bonds, and money-market investments such as U.S. Treasury bills and bank certificates of deposit.

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

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  • mutual fund — A fund managed by an investment company in which money is raised through the sale of stock and subsequently invested in publicly traded securities. The investment performance of the mutual fund depends on the performance of the underlying… …   Black's law dictionary

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