Financial Definition of Mutual Fund
Meaning of Mutual Fund
Mutual funds are pools of money that are managed by an investment company. They offer investors a variety of goals, depending on the fund and its investment charter. Some funds, for example, seek to generate income on a regular basis. Others seek to preserve an investor’s money. Still others seek to invest in companies that are growing at a rapid pace. Funds can impose a sales charge, or load, on investors when they buy or sell shares. Many funds these days are no load and impose no sales charge….(more)
Legal Definition of Mutual Fund
(See: Investment company)
Related Entries of Mutual Fund in the Encyclopedia of Law Project
Browse or run a search for Mutual Fund in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.
Mutual Fund in Historical Law
You might be interested in the historical meaning of this term. Browse or search for Mutual Fund in Historical Law in the Encyclopedia of Law.
Legal Abbreviations and Acronyms
Search for legal acronyms and/or abbreviations containing Mutual Fund in the Legal Abbreviations and Acronyms Dictionary.
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What is Mutual Fund?
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Mutual Fund in the Economic Activity
An introductory concept of Mutual Fund may be: a fund that gathers money from different investors and purchases a range of assets; each investor then owns a portion of the entire fun
Mutual Fund Definition (in the Accounting Vocabulary)
The New York State Society of Certified Public Accountants offers the following definition of Mutual Fund in a way that is easy for anybody to understand: Investment company which generally offers its shares to the general public and invests the proceeds in a diversified portfolio of SECURITIES.
United States Tax Concept of Mutual Fund
Investment companies that pool money from many investors. Professional fund managers invest the money in specific types of assets and securities.