mutual fund

Related topics: Stocks & shares

ˈmutual fund noun [countableC] American EnglishAmE

BFSan arrangement managed by a company, in which you can buy shares in many different businesses 共同基金 SYN British English unit trust

Examples from the Corpus

mutual fund• Whilst I am still in favour of a mutual fund, I think the current risk banding is rubbish.• Now, plans are being made cheaper and easier, allowing mutual fund companies to exploit this previously unattractive market.• A money market mutual fund is conceptually simple.• The mutual fund company still owns about 4. 71 million Merrill shares and 2. 08 million shares of Morgan Stanley.

From Longman Business Dictionary

mutual fundˈmutual fund [countableC]FINANCE

a particular legal form of fund in the US, often one that is open to the general public for saving and investing in particular financial marketsSYN BrE unit trust

Each year, a mutual fund is obliged by law to distribute to shareholders nearly all the capital gains and all the income that the fund earned.

→ fund

单词	mutual fund
释义	mutual fund Related topics: Stocks & shares ˈmutual fund noun [countableC] American EnglishAmE BFSan arrangement managed by a company, in which you can buy shares in many different businesses 共同基金 SYN British English unit trust Examples from the Corpus mutual fund• Whilst I am still in favour of a mutual fund, I think the current risk banding is rubbish.• Now, plans are being made cheaper and easier, allowing mutual fund companies to exploit this previously unattractive market.• A money market mutual fund is conceptually simple.• The mutual fund company still owns about 4. 71 million Merrill shares and 2. 08 million shares of Morgan Stanley. From Longman Business Dictionary mutual fundˈmutual fund [countableC]FINANCE a particular legal form of fund in the US, often one that is open to the general public for saving and investing in particular financial marketsSYN BrE unit trust Each year, a mutual fund is obliged by law to distribute to shareholders nearly all the capital gains and all the income that the fund earned. → fund
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