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Mutual fund

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Noun

mutual fund

Definition: the pooled money that is invested in assets

mutual fund mutual fund company open-end fund open-end investment company

Definition: a regulated investment company with a pool of assets that regularly sells and redeems its shares

Definition: A form of collective investment in which money from many investors is pooled and invested in stocks, bonds, short-term money market instruments, and/or other securities under the direction of a fund manager.

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