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Dictionary


mu'tual fund"




an investment company that issues shares continuously and is obligated to repurchase them from shareholders on demand. Also called open-end investment company. Cf. closed-end investment company.

Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.

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See also:
  • Strict Standards: Non-static method FenSites::linkTo() should not be called statically in /site/html/dictionary/mutual-fund.html on line 113 mutual fund (Thesaurus)
  • Strict Standards: Non-static method FenSites::linkTo() should not be called statically in /site/html/dictionary/mutual-fund.html on line 115 mutual fund (Encyclopedia)

 

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