Jump to content

MUTUAL FUND

From scientopedia

A · B · C · D · E · F · G · H · I · J · K · L · M · N · O · P · Q · R · S · T · U · V · W · X · Y · Z

Definitions

an open-end investment company with unfixed capitalization, formed by the acquisition of money from a number of investors for the purpose of reinvesting in a variety of securities, freely buying and selling its own shares and issuing more stock as people demand it.