Meaning of the word "mutual fund" in English
What does "mutual fund" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
mutual fund
US /ˈmjuː.tʃu.əl ˌfʌnd/
UK /ˈmjuː.tʃu.əl ˌfʌnd/
Noun
1.
an investment program funded by shareholders that trades in diversified holdings and is professionally managed
Example:
•
She decided to invest in a mutual fund for her retirement savings.
•
Diversifying investments through a mutual fund can reduce risk.
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