index fund
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index fund
n.
A mutual fund whose portfolio is designed to match the performance of an index of stocks or other securities. Also called market fund.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
in′dex fund`
n.
a mutual fund that invests in many of the securities listed in a major stock or bond index in order to match the performance of the market generally.
[1975–80]
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
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Noun | 1. | index fund - a mutual fund whose assets are stocks on a given list mutual fund - the pooled money that is invested in assets |
2. | index fund - a mutual fund that invests in the stocks that are the basis of a well-known stock or bond index mutual fund company, open-end fund, open-end investment company, mutual fund - a regulated investment company with a pool of assets that regularly sells and redeems its shares |
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