Word | Noun | Adjective | Verb | Adverb |
---|---|---|---|---|
open-end investment company | Yes | No | No | No |
mutual fund | Yes | No | No | No |
open-end investment company (noun) | mutual fund (noun) |
---|---|
a regulated investment company with a pool of assets that regularly sells and redeems its shares | a regulated investment company with a pool of assets that regularly sells and redeems its shares |
the pooled money that is invested in assets |