mutual fund

Noun
  1. The pooled money that is invested in assets (synset 113380068)
    is a type of: fund, monetary fund - a reserve of money set aside for some purpose
    subtypes:
  2. A regulated investment company with a pool of assets that regularly sells and redeems its shares (synset 108088352)
    is a type of: fund, investment company, investment firm, investment trust - a financial institution that sells shares to individuals and invests in securities issued by other companies
    subtypes: index fund - a mutual fund that invests in the stocks that are the basis of a well-known stock or bond index
    same as: mutual fund company, open-end fund, open-end investment company

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