Mutual Fund

A pool of funds collected from many investors.

Detailed Definition

A mutual fund is a type of financial vehicle made up of a pool of money collected from many investors to invest in securities like stocks, bonds, money market instruments, and other assets.

Related in General Trading

Inflation

The rate at which the general level of prices is rising.

Portfolio

A collection of financial investments.

Correction

A reverse movement of at least 10% in an asset's price.