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Definition of mutual fund noun from the Oxford Advanced Learner's Dictionary

mutual fund

noun
 
/ˈmjuːtʃuəl fʌnd/
 
/ˈmjuːtʃuəl fʌnd/
(North American English)
(British English unit trust)
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  1. a company that offers a service to people by investing their money in various different businessesTopics Moneyc2
    Oxford Collocations DictionaryMutual fund is used before these nouns:
    • investor
    See full entry
See mutual fund in the Oxford Advanced American Dictionary

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