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INDEX FUND
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
A mutual fund that invests in the stocks that are the basis of a well-known stock or bond index
Classified under:
Nouns denoting groupings of people or objects
Hypernyms ("index fund" is a kind of...):
mutual fund; mutual fund company; open-end fund; open-end investment company (a regulated investment company with a pool of assets that regularly sells and redeems its shares)
Sense 2
Meaning:
A mutual fund whose assets are stocks on a given list
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("index fund" is a kind of...):
mutual fund (the pooled money that is invested in assets)
