exchange-traded fund(redirected from Listed-Index Securities)
Also found in: Financial, Encyclopedia.
n. Abbr. ETF
An index fund whose shares trade continuously on a securities exchange and allow investors to speculate on the performance of the market or sector represented by the fund's assets without the restrictions of traditional mutual funds.
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.